Apartment hotel overlooking the sea and 100 meters from the central beach.
Description
The hotel occupies 5 floors and consists of 21 apartments: 6 studios, 14 apartments with 1 bedroom and a lounge, 1 apartment with two bedrooms.
The building has a lift.
Financial performance
The absolute annual income is 130,000 €.
The current yield is 5.6%.
Loan
Possible mortgage loan for 1,500,000 € for up to 15 years at 1.9% per annum.
Transaction costs
Brokerage fee is 5%.
Location
The property is located on the Costa Blanca, near the city of Benidorm, 40 km from Alicante Airport.
