Hotel on Mallorca, Balearic Islands, Spain

Additional information is provided after the signing of an NDA

Hotel on Mallorca, Balearic Islands, Spain

15,500,000 €
1,867 € /m²
£13,335,000
£1,606 /m²
Learn the property location
Send the listing to yourself
  • Total area
    8,300 m²
  • Yield
    6.0%
  • Built in 
    1970
Details
Property parameters
  • Total rooms: 189
  • Hotel rating: 3
  • 5-floor building
Financial performance
  • Annual income: 930,000 €
Tenants
  • Fully let
Property status
  • Most recent total renovation: 2017
Transaction costs
  • Broker: 5.0%
Distance to:
  • Sea at 400 m
Features
  • Swimming pool

Three star hotel in Mallorca.

Description

The five-storey building with a total area of 8,300 m² includes 189 rooms.

Equipment

  • restaurant
  • swimming pool

Extra opportunities

A Golden Visa can be obtained with the purchase of this property (residence permit for investments).

Request details
Financial performance

The annual income is 930,000 €.

The yield is 6%.

Tenants

The building is fully let. The tenant is a large international hotel chain.

The lease agreement is valid for 15 years.

Transaction costs

Brokerage fee is 5%.

Location and nearby infrastructure

The hotel is located on the island of Mallorca, close to the center of the capital. Distance to the airport — 3 km. The beach is 400 meters away.

Mallorca is the largest island in the Balearic Islands, which are part of Spain and located in the Mediterranean. The capital of the island, Palma, is also the capital of the autonomous community of the Balearic Islands.

More properties

If this ad doesn't suit you, have a look at the other hotels for sale in Majorca (Mallorca).

All ads in the country: hotels for sale in Spain.

Similar listings

We select ads that may interest you.

Not sure what to start with? Send an advice request
Our expert will contact you to help with selecting real estate.
Ask a question
    I confirm that I have read and accept the Privacy Policy and Personal Data Processing Guidelines.
    Marina Filichkina,
    Head of Sales
    flag icon
    Limassol, Cyprus
    Tranio Cyprus LTD, 38 Karaiskaki Kanika Alexander Center, Block 1, 1st Floor office 113b, 3032 Limassol Cyprus
    flag icon
    Barcelona, Spain
    Tranio LLC, Carrer d'Aragó, 366, 08009 Barcelona
    flag icon
    Athens, Greece
    Tranio LLC, Vissarionos, 4, 10672 Athens
    flag icon
    Torrevieja, Spain
    Tranio LLC, Calle del Palangre, 14, 03182 Torrevieja
    flag icon
    Dubai, UAE
    Tranio Global Real Estate, Wafi Residence, Oud Metha Rd - Umm Hurair 2 - Dubai - United Arab Emirates
    flag icon
    Berlin, Germany
    Tranio Germany GmbH, Schlüterstraße 38, 10629 Berlin
    Send a request