Hotel, Benidorm, Spain

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Hotel, Benidorm, Spain

1,450,000 €
3,222 € /m²
£1,253,000
£2,784 /m²
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  • Total area
    450 m²
  • Yield
    7.11%
  • Built in 
    2020
Details
Property parameters
  • Total rooms: 9
Financial performance
  • Annual income: 96,000 €
Transaction costs
  • Broker: 5.0%
Distance to:
  • Sea at 250 m
Features
  • Balcony or terrace
  • Elevator
  • Town view

New apart-hotel at 250 meters from the beach.

Description

The 5-storey hotel with a total area of 450 m² consists of 9 studios with custom design. Each apartments includes a kitchen, a living room, a bedroom, a bathroom, a balcony with a view of the city.

There is a lobby, technical premises, a baggage room, an elevator, smart lock system.

Financial performance

The annual income is 96,000 €.

The yield is 7.11%.

Transaction costs

Brokerage fee — 5%.

Location and nearby infrastructure

The building is located in the historic center of Benidorm, 250 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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