Hotel, Ibiza, Spain

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Hotel, Ibiza, Spain

4,400,000 €
£3,720,000
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  • Yield
    5.0%
Details
Property parameters
  • Total rooms: 27
Financial performance
  • Annual income: 220,000 €
Transaction costs
  • Broker: 5.0%
Features
  • Beachfront

The hotel on the first line from the sea.

Description

The hotel includes 27 rooms.

Extra opportunities

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

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Financial performance

The yield is about 5%, there are prospects for increase.

Location and nearby infrastructure

The property is located in the city of Ibiza, on the similarly-named island — a famous international resort located in the Mediterranean Sea, 80 km from the coast of Spain. Besides music clubs, Ibiza is famous for its beaches, monuments of all eras and exotic landscapes.

Ibiza is the third largest and the first in tourism development among the fifty islands of the Balearic archipelago. Ibiza is the administrative part of the autonomous region of the Balearic Islands with the capital Palma, located on the island of Mallorca. The island’s population is more than 140 thousand people.

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    Marina Filichkina,
    Head of Sales
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