New hotel in the center of Madrid, Spain

Additional information is provided after the signing of an NDA

New hotel in the center of Madrid, Spain

23,000,000 €
8,846 € /m²
£19,734,000
£7,590 /m²
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  • Total area
    2,600 m²
  • Yield
    5.0%
  • Built in 
    2018
Details
Property parameters
  • Total rooms: 34
  • Hotel rating: 4
Financial performance
  • Annual income: 1,150,000 €
Tenants
  • Fully let
  • End of lease: 2029
Loan
  • Loan size: 60% of the value of the property
  • Rate: 1.9%
  • Loan term: 15 years
Transaction costs
  • Broker: 5.0%

Four-star hotel in the city center.

Description

The hotel includes 34 suites.

Average annual occupancy: 95%.

Rating on Booking: 9.6 (Excellent).

Extra opportunities

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

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Tenants

Is leased to the hotel chain; purchase without a tenant is also possible.

Location and nearby infrastructure

The property is located in the center of Madrid, 300 meters from Serrano street.

Madrid is the capital of Spain and the largest city in the country with a population of over 3 million people. This is a modern and noisy metropolis, located almost in the center of the Iberian Peninsula.

Madrid is an influential cultural center with many international museums, including the Prado Museum, the Reina Sofia Art Center, the Thyssen-Bornemisza Museum and the Madrid Forum, which are in the hundred most visited museums in the world.

Madrid remains the second most important industrial center of Spain after Barcelona. The importance of Barajas Airport and its contribution to administrative and financial activities has recently increased significantly. Road construction and expansion of rail transportation has significantly increased in recent years as well. There are several car factories in the suburbs of Madrid.

More properties

If this ad doesn't suit you, have a look at the other hotels for sale in Madrid (city).

All ads in the country: hotels for sale in Spain.

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