Large four-star hotel, Andalusia, Spain

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Large four-star hotel, Andalusia, Spain

96,000,000 €
£82,213,000
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  • Yield
    7.0%
Details
Property parameters
  • Total rooms: 1000
  • Hotel rating: 4
Tenants
  • Fully let
Transaction costs
  • Broker: 1.5%
Features
  • Balcony or terrace
  • Golf course
  • Swimming pool
  • Garden
  • Car parks
  • Sea view

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

Financial performance

The yield is 7%.

Tenants

The property is fully let to the large international hotel chain.

The lease was concluded for a period of 20 years.

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

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

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    Marina Filichkina,
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