- 27,285,000 €
- 4.7% yield
- Benidorm Hotel 2,800,000 €
- Basic parameters
- Photo
№ 2,216,164
Hotel 800 m² in Benidorm
2,800,000 €
3,500 € /m²
- Room stock 20
- Yield 6.0%
- Constructed 2023
- Price per key 140,000 €
Key project parameters
- Leasable area
- 800 m²
- Total area
- 800 m²
- Room stock
- 20
- Hotel rating
- 3
- Floors
- 6
- Price per key
- 140,000 €
- Constructed
- 2023
Project description
Boutique hotel under construction in Benidorm.
Description
The six-storey building of 800 m² includes 20 rooms and features a roof-top swimming pool and a restaurant.
Completion — 4th quarter of 2023.
Extra information
- Distance to sea
- 300
Swimming pool
Tenants
- Agreement
- n/a
At the future owner's request, the hotel can be rented out to the hotel chain for 196,000 euro per annum for a term of 10 years and more (all the maintenance expenses are paid by the tenant).
Financial performance
- Yield
- 6.0%
Projected yield — 6%.
Transaction costs
Commission — 5%.
Location and nearby infrastructure
The building is located in the center of Benidorm, 300 meters from the beach.
The Valencian Community is an autonomous community of Spain. It is the fourth most populous autonomous community. It is located along the Mediterranean coast on the east side of the Iberian peninsula. The population is about 5 million people.
In addition to tourism, the Valencian Country has significant exports, and it ranks second in this respect among the Spanish autonomous communities, constituting 12% of the national total.
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- annual yield
- From 15-17%
- investment exit horizon
- 2–3 years
- full support at every stage
- Turnkey deal
How we help investors
Analysing the needs
We use a methodology that enables us to formulate requests and find good deals in the market
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
Providing transaction support
We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account
Helping with management
We can take over the management of your property or recommend a suitable management company
Organising property viewings
We will arrange a visit to the site to view one or more projects
Saving time
At the investor's request, we can arrange a remote purchase with the least possible visits to the country
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