Beachfront hotel in the province of Andalusia, Spain

Additional information is provided after the signing of an NDA

Beachfront hotel in the province of Andalusia, Spain

21,300,000 €
1,543 € /m²
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  • Total area
    13,800 m²
  • Yield
    6.0 %
  • Rental rate (m²/month)
    7 €
Details
Property parameters
  • Land area: 25,700 m²
  • Total rooms: 280
  • Hotel rating: 4
Financial performance
  • Annual income: 1,278,000 €
Tenants
  • Fully let
  • End of lease: 2030
Transaction costs
  • Broker: 5.0 %
Features
  • Beachfront

Four-star hotel with a long-term lease agreement.

Description

The hotel includes:

  • 280 rooms (including 5 deluxe rooms and 30 apartments)
  • 2 restaurants
  • 2 swimming pools (one heated)
  • parking

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 price includes the cost of repair and modernization of the hotel (CAPEX) in the amount of 2,800,000 €.

Tenants

It is sold subject to lease to the current owner, an international hotel chain, for a period of at least 10 years.

Location

The property is located on the shores of the Mediterranean Sea, in the province of Andalusia.

Andalusia is the southernmost region of Spain, washed by the Mediterranean Sea and the Atlantic Ocean. The location of Andalusia in the south of the Iberian Peninsula makes it one of the hottest regions of Europe. The prevalence of the Mediterranean climate and a large number of beaches create suitable conditions for the development of tourism.

Lovers of cultural tourism can be attracted by such famous buildings as the Alhambra (Granada), the Giralda (Seville) or the Cordoba Mosque. In addition, there are numerous cathedrals, churches, castles and fortresses, monasteries. Andalusia is the birthplace of many great artists: Picasso, Murillo, Velazquez.

  • Property on the map
    Location right down to the building, street or city
  • Other properties
    Other offers nearby

More properties

If this property wasn’t for you, take a look at other hotels for sale in Spain.

You can see more hotels for sale in Andalusia elsewhere on our website.

Statistics in Andalusia

Price per m², €
1,304
Safely rate
63
Index 63 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, €
Apartment in the city centre, m² 1,303.5
Apartment in a bedroom community, m² 925.0
Transport Price, €
Public transport, 1 ride 1.1
Monthly travel card 23.0
Taxi, 1 km 1.2
Petrol, 1 l 1.23
Food Price, €
Water, 1.5 l 0.67
Milk, 1 l 0.7
White bread, 500 g 0.95
Eggs, a dozen 1.5
Chicken fillet, 1 kg 5.0
Education Price, €
Kindergarten, per month 300.0
International school, per year 7,666.67
Security index
Crime rate 25.0
The risk of being robbed 36.54
The risk of car theft 57.69
The risk of break-in and property damage 50.0

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

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