- Andalusia Hotel 96,000,000 €
- Basic parameters
- Photo
№ 1,936,234
Large four-star hotel, Andalusia, Spain
96,000,000 €
- Room stock 1000
- Yield 7.0%
- Constructed —
- Price per key 96,000 €
Key project parameters
- Room stock
- 1000
- Hotel rating
- 4
- Price per key
- 96,000 €
Project description
Large four-star hotel in Andalusia.
Description
The hotel has 1000+ rooms.
The property was built less than 15 years ago.
Equipment
- SPA complex
- swimming pools
- gym
- football field
- tennis court
- restaurants
- bars
- conference rooms
- elevator
Extra information
Garden
Car parks
Balcony or terrace
Sea view
Golf course
Swimming pool
Tenants
- Agreement
- n/a
The property is fully let to the large international hotel chain.
The lease was concluded for a period of 20 years.
Financial performance
- Yield
- 7.0%
The yield is 7%.
Transaction costs
The brokerage fee is 1.5%.
Location and nearby infrastructure
The hotel is located close to the beach in the city of the autonomous community of Andalusia.
Andalusia is situated 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.
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- annual yield
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