Beachfront hotel in the suburbs of Malaga, Spain

Additional information is provided after the signing of an NDA

Beachfront hotel in the suburbs of Malaga, Spain

41,900,000 €
2,205 € /m²
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  • Total area
    19,000 m²
  • Yield
    6.0 %
  • Rental rate (m²/month)
    11 €
Details
Property parameters
  • Land area: 8,000 m²
  • Total rooms: 260
  • Hotel rating: 4
  • 10-floor building
Financial performance
  • Annual income: 2,514,000 €
Tenants
  • Fully let
  • End of lease: 2030
Transaction costs
  • Broker: 5.0 %
Features
  • Beachfront
  • Swimming pool

Four-star hotel on the Costa del Sol, 10 km from Malaga.

Description

The hotel includes:

  • 260 rooms
  • 2 restaurants
  • 3 swimming pools

The hotel is in excellent condition and does not require repairs.

Extra opportunities

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

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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, 10 km from Malaga.

Malaga is a seaside town in Spanish Andalusia with a population of over half a million people. Malaga is famous for its beaches with a total length of about 14 km.

Malaga is a port city, an important cultural and financial center of Andalusia, a fashionable Spanish resort with a colorful historical center and an abundance of shops.

  • 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 Malaga elsewhere on our website.

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