Hotel in 50 meters from the beach, Alicante, Spain

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Hotel in 50 meters from the beach, Alicante, Spain

1,750,000 €
1,750 € /m²
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  • Total area
    1,000 m²
  • Yield
    10.0 %
  • Rental rate (m²/month)
    14 €
  • Built in 
    2004
Details
Property parameters
  • Land area: 600 m²
  • Total rooms: 20
  • Hotel rating: 2
  • 5-floor building
Financial performance
  • Annual income: 175,000 €
Loan
  • Loan size: 75% of the value of the property
  • Rate: 1.9 %
  • Loan term: 15 years
Transaction costs
  • Broker: 5.0 %
Distance to:
  • Sea at 50 m
Features
  • Balcony or terrace
  • Internet
  • TV
  • Sea view

Urgent sale of a two-star beachfront hotel surrounded by restaurants and bars.

Description

The family urgently sells the hotel located in 50 meters from the sandy beach in Alicante due to the retirement on health grounds.

The hotel includes:

  • 20 rooms
  • cafeteria
  • elevator
  • owner's penthouse duplex with two bedrooms, lounge, terraces with sea view

All rooms are equipped with a private bathroom, each room has a TV, air conditioning, safe, Wi-Fi. Some rooms have a kitchen.

The hotel operates only 8 months a year, occupancy rate – 95% in the summer months and in September.

Rating on Booking is 9.5.

The property is in excellent condition, does not need even minor repairs

Extra opportunities

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

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Loan

A mortgage of € 1,300,000 is possible at 1.9% per annum for up to 15 years.

Location

Alicante is a resort town in eastern Spain, the center of the province of the same name. It is considered the capital of the eastern Spanish coast and the main resort of the Costa Blanca. The population of the city is more than 300 thousand people.

Alicante is the most popular province of Spain among foreigners – last year, 50% of local house purchases were made by foreigners. In addition, there is one of the largest airports in the country, serving up to 13 million passengers per year.

  • 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 Alicante elsewhere on our website.

Statistics in Valencia

Price per m², €
2,653
Healthcare efficiency level
82
Index 82 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
74
Index 74 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 2,652.73
Apartment in a bedroom community, m² 1,468.18
Transport Price, €
Public transport, 1 ride 1.5
Monthly travel card 41.0
Taxi, 1 km 1.08
Petrol, 1 l 1.28
Food Price, €
Water, 1.5 l 0.42
Milk, 1 l 0.69
White bread, 500 g 0.78
Eggs, a dozen 1.44
Chicken fillet, 1 kg 6.17
Education Price, €
Kindergarten, per month 347.64
International school, per year 6,972.73
Health care index
Staff competence 81.67
Medical equipment 89.81
Research accuracy and completeness 83.33
Attitude towards patients 75.83
Security index
Crime rate 18.6
The risk of being robbed 20.18
The risk of car theft 32.69
The risk of break-in and property damage 37.05

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

Show the entire statistics

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Anna Kurianovich
Anna Kurianovich
Investment consultant in Alicante
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