Four-star hotel in 500 meters from the beach.
Description
The hotel includes:
- 35 rooms
- restaurant
- the bar
- 2 swimming pools, one of which is on the roof
The absolute annual income is € 192,000.
The current yield is 6%.
Possible financing of the purchase for 50% of the cost at 2.5% per annum for a period of 15 years.
The lease agreement concluded with the hotel chain is valid for 10 years.
The property is located on the island of Mallorca, 60 km from the island's capital – Palma de Mallorca.
Mallorca is an island in the Mediterranean Sea that is part of the Balearic Islands and belongs to Spain. This is the largest island in terms of area and population in the territory of Spain.
Palma de Mallorca is one of the most popular tourist cities. Now about 500 thousand people live in the capital of the Balearic Islands, most of them are engaged in tourism — only the island’s airport receives up to 25 million passengers per year.