- Andalusia Hotel 8,000,000 €
- Basic parameters
- Photo
№ 1,713,658
Hotel, Andalusia, Spain
8,000,000 €
- Room stock 48
- Yield 7.5%
- Constructed —
- Price per key 166,666 €
Key project parameters
- Room stock
- 48
- Price per key
- 166,666 €
Project description
Fully renovated hotel near the beach.
Description
The hotel room capacity: 48 rooms.
Each room has a bathroom and a terrace with a view of the pool. 28 rooms have a sea view.
The hotel includes a reception area, a bar, 3 lounge areas with different decorations, a restaurant with an equipped kitchen, a pool with salt filters, a Jacuzzi, a laundry, a warehouse, the staff and administration rooms.
The building was completely renovated in 2014–2015.
The price of the property includes the building, all equipment, licenses, furniture and hotel decoration.
Now the hotel is under the owner's management.
Extra information
- Distance to sea
- 40
Balcony or terrace
Sea view
Swimming pool
Tenants
- Agreement
- n/a
Financial performance
- Yield
- 7.5%
Absolute annual income is 600,000 €.
The current yield of 7.5%.
Location and nearby infrastructure
The hotel is located in 40 m from the beach in the resort town of the province of Malaga. Restaurants, bars and shops are situated in a walking distance from the building.
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- annual yield
- From 10%
- exit period
- 3 years
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