Beachfront hotel in Spain.
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.
A Golden Visa can be obtained with the purchase of this property (residence permit for investments).
The annual income is 400,000 €.
The yield is 6.7%.
The property is fully let.
The lease agreement is valid for 10 years.
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.