Hotel under construction in the suburbs of Benidorm, Spain

Additional information is provided after the signing of an NDA

Hotel under construction in the suburbs of Benidorm, Spain

12,900,000 €
1,205 € /m²
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  • Total area
    10,700 m²
  • Yield
    8.1 %
  • Rental rate (m²/month)
    8.1 €
  • Built in 
    2020
Details
Property parameters
  • Total rooms: 176
  • Hotel rating: 4
Transaction costs
  • Broker: 5.0 %
Features
  • Beachfront
  • Swimming pool

Four-star hotel near the beach.

Description

Construction will be completed in 2020.

The hotel includes:

  • 176 rooms
  • swimming pool
  • parking

Extra opportunities

A Golden Visa can be obtained with the purchase of this property (residence permit for investments).

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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.

  • Property on the map
    Location right down to the building, street or city
  • Other properties
    Other offers nearby

More properties

If this property wasn’t for you, take a look at other hotels for sale in Spain.

You can see more hotels for sale in Benidorm elsewhere on our website.

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