Hotel by the sea in Alicante, Spain

Additional information is provided after the signing of an NDA

Hotel by the sea in Alicante, Spain

1,750,000 €
1,750 € /m²
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A Golden Visa can be obtained with the purchase of this property (residence permit for investments).

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  • Total area
    1,000 m²
  • Yield
    7.0 %
  • Rental rate (m²/month)
    10 €
  • Built in 
    2004
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Details
Property parameters
  • Land area: 600 m²
  • Total rooms: 20
  • Hotel rating: 2
  • 5-floor building
Financial performance
  • Annual income: 126,000 €
Loan
  • Loan size: 70% of the value of the object
  • Rate: 1.9 %
  • Loan term: 15 years
Distance to:
  • Sea at 20 m
Features
  • Balcony or terrace
  • Internet
  • TV
  • Beachfront
  • Car parks
  • Sea view

Two-star hotel on the seafront.

Description

The hotel has 5 floors and consists of 20 rooms, all with private bathrooms, each room has a TV, air conditioning, safe, mini-bar, Wi-Fi. Some rooms have kitchens. There is a cafe, elevator.

It has on the top floor penthouse duplex of the owner with two bedrooms, lounge, terraces overlooking the sea.

Offered for sale due to the departure of the owner to retire. It was built and always belonged to the same owner.

The hotel is in perfect condition, does not even need cosmetic repairs.

95% occupancy in the summer months and in September.

Rating on Booking over the past years – 9.6 (Excellent)!

Financial performance

The absolute annual income is 126,000 €.

The current yield is 7% (works 8 months per year).

Loan

Possible mortgage loan for 1,300,000 € at 1.9% per annum for up to 15 years.

Location

The property is located 20 meters from the sandy beach, surrounded by restaurants and bars.

Alicante is a resort town in eastern Spain, the center of the province of the same name. It is considered the capital of the eastern Spanish coast and the main resort of the Costa Blanca. The population of the city is more than 300 thousand people.

Alicante is a place where you can find almost everything a tourist needs: sea and white sandy beaches, rich history and attractions. Its symbol and main historical landmark is the medieval castle of Santa Barbara on Mount Benatankil.

One of the highlights of Alicante is its famous festival called Las Hogueras de San Juan or the Bonfires of St. John.

  • Property on the map
    Location right down to the building, street or city

Statistics in Valencia

Price per m², €
2,653
Healthcare efficiency level
82
Index 82 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
74
Index 74 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, €
Apartment in the city centre, m² 2,652.73
Apartment in a bedroom community, m² 1,468.18
Transport Price, €
Public transport, 1 ride 1.5
Monthly travel card 41.0
Taxi, 1 km 1.08
Petrol, 1 l 1.28
Food Price, €
Water, 1.5 l 0.42
Milk, 1 l 0.69
White bread, 500 g 0.78
Eggs, a dozen 1.44
Chicken fillet, 1 kg 6.17
Education Price, €
Kindergarten, per month 347.64
International school, per year 6,972.73
Health care index
Staff competence 81.67
Medical equipment 89.81
Research accuracy and completeness 83.33
Attitude towards patients 75.83
Security index
Crime rate 18.6
The risk of being robbed 20.18
The risk of car theft 32.69
The risk of break-in and property damage 37.05

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

Show the entire statistics

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 Alicante elsewhere on our website.

Repurposing a building into a residence hall with a forward sale in Cologne
  • €2.6M investment amount
  • 10 % yield
  • 2 years project term
Application deadline: January 30

The best development offer

Repurposing a building into a residence hall with a forward sale in Cologne

Application deadline: January 30

  • investment amount €2.6M
  • yield 10 %
  • project term 2 years

Buying and repurposing a building into a student residence with a subsequent sale. Several investors with different shares can participate. Buyers are already interested (Forward Deal).

An apartment hotel with a restaurant, a 11–12 -storey concrete building with a terrace and balconies. Total area — 4,984 m², number of units — 270.

The property is located near the centre of Cologne, 1 km away from the Agnes district. There is a traffic interchange not far from the building, the closest public transport stop is 400 m away. There are 20 different educational institutions within a 3–5 km radius. All the necessary infrastructure facilities are located within walking distance.

The expected rental flow after commissioning — €1M per annum.

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    €100M

    capital placed

    10 years

    in the real estate market

    1,000+

    deals since 2008

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    Enquire about this hotel
    Julia Morozova
    Julia Morozova
    Investment consultant in Alicante
    +44 17 4822 0039
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