Urgent sale of a two-star beachfront hotel surrounded by restaurants and bars.
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
- 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
A Golden Visa can be obtained with the purchase of this property (residence permit for investments).
A mortgage of € 1,300,000 is possible at 1.9% per annum for up to 15 years.
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.