- Andalusia Hotel 74,000,000 €
- Basic parameters
- Photo
№ 1,885,042
Portfolio of three hotels in Andalusia, Spain
74,000,000 €
- Room stock 768
- Yield 6.0%
- Constructed —
- Price per key 96,354 €
Key project parameters
- Room stock
- 768
- Hotel rating
- 4
- Price per key
- 96,354 €
Project description
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
Extra information
Garden
Car parks
Balcony or terrace
Swimming pool
Tenants
- Agreement
- Yes
- End of lease
- 2035
All properties are fully let to the hotel chain.
The lease agreements are valid for 15 years.
Financial performance
- Yield
- 6.0%
The annual income is 4,440,000 €.
The yield is 6%.
Location and nearby infrastructure
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.More properties
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- annual yield
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- exit period
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