Four-star hotel near the beach.
Description
Construction will be completed in 2020.
The hotel includes:
- 176 rooms
- swimming pool
- parking
Financial performance
The expected yield is 8,1%.
Tenants
A lease agreement is valid for 10 years.
Transaction costs
Brokerage fee is 5%.
Location
The property is located in the suburb of Benidorm, on the seafront.
Benidorm is a city and municipality in Spain with a population of over 70 thousand people, a part of the province of Alicante in the autonomous community of Valencia.
Benidorm is the tourist capital of the Costa Blanca. There are many amazing beaches and clear sea. The city is called the Spanish New York for a large number of skyscrapers and the Spanish Las Vegas for the abundance of bars, restaurants and other places of entertainment.
