Three four-star hotels in Andalusia.
Description
Total number of rooms: 768 rooms.
Hotel 1
- Year of construction: 2002
- Number of rooms: 227
Hotel 2
- Year of renovation: 2011
- Number of rooms: 260
Hotel 3
- Year of construction: 1999
- Number of rooms: 281
The annual income is 4,440,000 €.
The yield is 6%.
All properties are fully let to the hotel chain.
The lease agreements are valid for 15 years.
All hotels are located in the autonomous community of Andalusia, in the cities of Granada, Malaga and Almeria. It is the most populous, and the second largest autonomous community in the country.
Andalusia is located in the south of the Iberian peninsula, in southwestern Europe, immediately south of the autonomous communities of Extremadura and Castilla-La Mancha; west of the autonomous community of Murcia and the Mediterranean Sea; east of Portugal and the Atlantic Ocean; and north of the Mediterranean Sea and the Strait of Gibraltar.
Among the autonomous communities, Andalusia is second only to Catalonia in tourism, with nearly 30 million visitors every year. The principal tourist destination in Andalusia is the Costa del Sol. Due in part to the relatively mild winter and spring climate, the south of Spain is attractive to overseas visitors–especially tourists from Northern Europe.