New apartment hotel located in 280 meters from the beach, in the center of the most popular resort town in Spain.
The four-story hotel with a total area of 600 m² includes 10 apartments, a reception area and an elevator. All apartments have their own kitchen, lounge, bedroom, bathroom and balcony with city views.
The hotel has been commissioned in 2019. It conforms to all municipal requirements, has all necessary permissions and licenses.
Rating on Booking is 9.3 (Wonderful)!
A Golden Visa can be obtained with the purchase of this property (residence permit for investments).
The expected annual income, if lease to a management company, is 112,500 €.
The expected yield is 7.5%.
Bank financing of € 750,000 is possible at 1.9% per annum for up to 15 years.
Brokerage fee is 5%.
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.