Hotel after complete renovation in the Catalan Pyrenees, Spain

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Hotel after complete renovation in the Catalan Pyrenees, Spain

1,980,000 €
1,277 € /m²
£1,696,000
£1,094 /m²
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  • Total area
    1,550 m²
  • Built in 
    1948
Details
Property parameters
  • Total rooms: 20
  • Hotel rating: 3
Property status
  • Most recent total renovation: 2017
Loan
  • Loan size: 50% of the value of the property
  • Rate: 2.1%
  • Loan term: 15 years
Transaction costs
  • Broker: 5.0%
Features
  • Balcony or terrace
  • Car parks
  • Mountain view

Three-star hotel in the mountains of Catalonia, near the ski stations of Andorra.

Description

The hotel includes:

  • 20 rooms with mountain views
  • restaurant for 60 seats with terrace
  • bar
  • breakfast area
  • parking

The hotel was built in 1948, and it was completely renovated in 2017, replacing everything except the exterior walls. A designer repair was made. Of the 32 small rooms were made 20 spacious rooms and suites with all amenities.

Professional and fully equipped kitchen, gas heating and hot water systems, a new elevator were installed.

Offered for sale due to the relocation of the owner’s family.

Financial performance

The absolute annual income is 190,000 €.

The current yield is 10%.

Loan

Possible mortgage loan for 50% of the value for up to 15 years at 2.1% per annum.

Location

There are cross-country skiing tracks, riding and fishing clubs, cycling and hiking trails located near the hotel.

Catalan Pyrenees is a mountain resort area in the Spanish province of Catalonia located in the northern part of the country. The central city of the region is Lleida.

The most popular resorts among skiers are La Molina and Marcela, Baqueira Beret and Port del Comte, combined into one ski area.

In the winter, tourists can enjoy skiing, snowboarding, sledging and snowmobiles there.

In the summer, fans of mountaineering and fishing come to the resort. Guests of the Catalan Pyrenees can go hiking on mountain routes, look at local waterfalls, raft down mountain rivers or take a balloon flight.

More properties

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

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

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