New boutique hotel in Benidorm, Spain

Additional information is provided after the signing of an NDA

New boutique hotel in Benidorm, Spain

3,800,000 €
1,809 € /m²
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  • Total area
    2,100 m²
Details
Property parameters
  • Land area: 8,600 m²
Loan
  • Loan size: 60% of the value of the property
  • Rate: 2.1 %
  • Loan term: 20 years
Transaction costs
  • Broker: 5.0 %
Features
  • Balcony or terrace
  • Garden
  • Sea view

Closed hotel complex of 17 Villas with sea views, built in the style of Bali and surrounded by tropical gardens and mountains.

Description

Each villa consists of a lounge, kitchen, 3 bedrooms, 2 bathrooms, open and closed terraces. The villas are fully ready to move in, have all the necessary furniture and electrical appliances.

The complex has swimming pools, a club room with a bar, a reception and a SPA area, parking, and a tropical garden.

The complex is ideal for various types of seminars, trainings, summer camp, sports school, a corporate residence for company employees.

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 annual income is € 250,000.

The expected yield is 6.6%.

Loan

Possible mortgage: 2,200,000 € at 2.1% per annum for 20 years.

Tenants

The hotel can be rented by the hotel chain for a guaranteed income in the amount of 250.000 € per year.

Location

The property is located in Benidorm, 7 km from the sea and city noise. The area has good transport links.

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.

Statistics in Benidorm

Price per m², €
2,100
Real estate Price, €
Apartment in the city centre, m² 2,100.0
Apartment in a bedroom community, m² 1,479.0
Transport Price, €
Public transport, 1 ride 1.5
Monthly travel card 40.0
Taxi, 1 km 1.35
Petrol, 1 l 1.25
Food Price, €
Water, 1.5 l 0.51
Milk, 1 l 0.69
White bread, 500 g 0.93
Eggs, a dozen 1.47
Chicken fillet, 1 kg 5.83
Education Price, €
Kindergarten, per month 325.67
International school, per year 6,666.67

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

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