Four-star hotel in Marbella, Costa del Sol, Andalusia, Spain

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Four-star hotel in Marbella, Costa del Sol, Andalusia, Spain

8,500,000 €
578 € /m²
£7,316,000
£497 /m²
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  • Total area
    14,700 m²
  • Yield
    6.0%
Details
Property parameters
  • Land area: 28,000 m²
  • Total rooms: 90
  • Hotel rating: 4
Financial performance
  • Annual income: 510,000 €
Tenants
  • Fully let
  • End of lease: 2030
Distance to:
  • Sea at 1,000 m
Features
  • Balcony or terrace
  • Furnished
  • Golf course
  • Swimming pool
  • Garden
  • Car parks

Four-star hotel in Marbella.

Description

The complex with a total area of 14,700 m² includes 90 bungalows (46 bungalows are owned and 44 bungalows are managed with the option to purchase).

All apartments are well equipped and consist of 1–2 bedrooms. The air-conditioned rooms have a balcony, a living room opening onto a private terrace, and a kitchenette.

Equipment

  • 2 outdoor pools
  • indoor heated pool with jacuzzi and sauna
  • gym
  • restaurant
  • bar
  • parking
  • air conditioning
  • video surveillance system
  • smoke detectors

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 510,000 €.

The yield is 6%.

Tenants

The property is fully let to the hotel chain.

The lease agreement is valid for 10 years.

Location and nearby infrastructure

The hotel is located in the suburbs of Marbella, distance to the beach — 1 km. Malaga Airport is 30 km away.

Marbella is a city and municipality in southern Spain, belonging to the province of Málaga in the autonomous community of Andalusia.

Tthe population of the city is about 150,000 inhabitants, making it the second most populous municipality in the province of Málaga and the eighth in Andalusia. It is one of the most important tourist cities of the Costa del Sol and throughout most of the year is an international tourist attraction, due mainly to its climate and tourist infrastructure.

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