- 27,285,000 €
- 4.7% yield
- Castellon de la Plana Hotel 6,000,000 €
- Basic parameters
- Photo
№ 2,019,532
Hotel 6,000 m² in Castellon de la Plana
6,000,000 €
1,000 € /m²
- Room stock 120
- Yield 6.0%
- Constructed —
- Price per key 50,000 €
Key project parameters
- Total area
- 6,000 m²
- Land area
- 4,000 m²
- Room stock
- 120
- Hotel rating
- 3
- Price per key
- 50,000 €
Project description
Three star hotel in the province of Castellon.
Description
Two buildings with a total area of over 6,000 m² include 120 rooms.
Equipment
- elevator
- bar
- terrace
- swimming pool
- air conditioning
- heating
Extra information
Garden
Car parks
Elevator
Private restricted area
Balcony or terrace
Beachfront
Sea view
Swimming pool
Tenants
- Agreement
- n/a
Contract with a hotel operator for a period of 10 years.
Financial performance
- Yield
- 6.0%
The annual income is 360,000 euros.
The yield is 6%.
Transaction costs
Brokerage fee is 5%.
Location and nearby infrastructure
The hotel is located on the seafront in the province of Castellón in the autonomous community of Valencia.
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.
More properties
If this ad doesn't suit you, have a look at the other hotels for sale in Castellon de la Plana.
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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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