Three-star hotel in Malaga, Costa del Sol, Andalusia, Spain

Additional information is provided after the signing of an NDA

Three-star hotel in Malaga, Costa del Sol, Andalusia, Spain

14,000,000 €
1,866 € /m²
£12,072,000
£1,609 /m²
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  • Total area
    7,500 m²
  • Yield
    6.0%
Details
Property parameters
  • Total rooms: 100
  • Hotel rating: 3
Tenants
  • Fully let

Three-star hotel in the center of Malaga.

Description

The building with a total area of 7,500 m².

Hotel room capacity: 100+ rooms.

Equipment

  • restaurant

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 current yield is 6%.

Location and nearby infrastructure

The hotel is located in the center of Malaga in the immediate vicinity of the historic city center, restaurants and other tourist entertainment.

Malaga is a province in southern Spain that is part of the autonomous community of Andalusia. The administrative center is the city of Malaga. The population of the province is about 1,700,000 inhabitants.

One of the main sectors of the economy is tourism. Malaga-Costa del Sol Airport — is the fourth busiest airport in Spain after Madrid, Barcelona and Palma de Mallorca. It receives and sends flights to more than sixty countries of the world and annually serves at least 12 million passengers.

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