Three-star beachfront hotel, Valencia, Spain

Additional information is provided after the signing of an NDA

Three-star beachfront hotel, Valencia, Spain

6,000,000 €
944 € /m²
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  • Total area
    6,350 m²
  • Yield
    6.7 %
Details
Property parameters
  • Land area: 3,900 m²
  • Total rooms: 120
  • Hotel rating: 3
  • 5-floor building
Financial performance
  • Annual income: 400,000 €
Tenants
  • Fully let
Transaction costs
  • Broker: 5.0 %
Features
  • Balcony or terrace
  • Beachfront
  • Swimming pool
  • Garden
  • Car parks
  • Sea view

Beachfront hotel in Spain.

Description

The three-star hotel with a total area of 6,350 m² is located in two 5-story buildings.

Land area — 3,900 m².

The hotel has 120 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 annual income is 400,000 €.

The yield is 6.7%.

Tenants

The property is fully let.

The lease agreement is valid for 10 years.

Location

The hotel is located in a province in eastern Spain with a population of about 600,000 inhabitants. The province is a part of the autonomous community of Valencia.

The Valencian Community is an autonomous community of Spain. It is the fourth most populous autonomous community. It is located along the Mediterranean coast on the east side of the Iberian peninsula. The population is about 5 million people.

In addition to tourism, the Valencian Country has significant exports, and it ranks second in this respect among the Spanish autonomous communities, constituting 12% of the national total.

  • Property on the map
    Location right down to the building, street or city

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 Castellón elsewhere on our website.

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