New three-star hotel in 500 meters from the central beach.
Description
The hotel includes:
- 19 rooms, including 14 standard rooms and 5 apartments (living room + bedroom)
- rooftop pool
The absolute annual income is 215,000 €.
The current yield is 7.5%.
Possible financing for 50% of the cost at 2.5% per annum for up to 20 years.
The property is leased to the hotel chain with a mandatory performance agreement until 2030.
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.