- 27,285,000 €
- 4.7% yield
- Andalusia Hotel 21,300,000 €
- Basic parameters
- Photo
№ 1,856,166
Hotel 13,800 m² in Andalusia
21,300,000 €
1,543 € /m²
- Room stock 280
- Yield 6.0%
- Constructed —
- Price per key 76,071 €
Key project parameters
- Total area
- 13,800 m²
- Land area
- 25,700 m²
- Room stock
- 280
- Hotel rating
- 4
- Price per key
- 76,071 €
Project description
Four-star hotel with a long-term lease agreement.
Description
The hotel includes:
- 280 rooms (including 5 deluxe rooms and 30 apartments)
- 2 restaurants
- 2 swimming pools (one heated)
- parking
Extra information
Beachfront
Tenants
- Agreement
- Yes
- End of lease
- 2030
It is sold subject to lease to the current owner, an international hotel chain, for a period of at least 10 years.
Financial performance
- Yield
- 6.0%
The price includes the cost of repair and modernization of the hotel (CAPEX) in the amount of 2,800,000 €.
Location and nearby infrastructure
The property is located on the shores of the Mediterranean Sea, in the province of Andalusia.
Andalusia is the southernmost region of Spain, washed by the Mediterranean Sea and the Atlantic Ocean. The location of Andalusia in the south of the Iberian Peninsula makes it one of the hottest regions of Europe. The prevalence of the Mediterranean climate and a large number of beaches create suitable conditions for the development of tourism.
Lovers of cultural tourism can be attracted by such famous buildings as the Alhambra (Granada), the Giralda (Seville) or the Cordoba Mosque. In addition, there are numerous cathedrals, churches, castles and fortresses, monasteries. Andalusia is the birthplace of many great artists: Picasso, Murillo, Velazquez.
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- annual yield
- From 15-17%
- investment exit horizon
- 2–3 years
- full support at every stage
- Turnkey deal
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Analysing the needs
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Developing a strategy
We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment
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Helping with management
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At the investor's request, we can arrange a remote purchase with the least possible visits to the country
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