- 27,285,000 €
- 4.7% yield
- Majorca (Mallorca) Hotel 15,500,000 €
- Basic parameters
- Photo
№ 1,903,496
Hotel 8,300 m² in Majorca (Mallorca)
15,500,000 €
1,867 € /m²
- Room stock 189
- Yield 6.0%
- Constructed 1970
- Price per key 82,010 €
Key project parameters
- Total area
- 8,300 m²
- Room stock
- 189
- Hotel rating
- 3
- Floors
- 5
- Price per key
- 82,010 €
- Constructed
- 1970
Project description
Three star hotel in Mallorca.
Description
The five-storey building with a total area of 8,300 m² includes 189 rooms.
Equipment
- restaurant
- swimming pool
Extra information
- Distance to sea
- 400
Swimming pool
Tenants
- Agreement
- n/a
The building is fully let. The tenant is a large international hotel chain.
The lease agreement is valid for 15 years.
Financial performance
- Yield
- 6.0%
The annual income is 930,000 €.
The yield is 6%.
Transaction costs
Brokerage fee is 5%.
Location and nearby infrastructure
The hotel is located on the island of Mallorca, close to the center of the capital. Distance to the airport — 3 km. The beach is 400 meters away.
Mallorca is the largest island in the Balearic Islands, which are part of Spain and located in the Mediterranean. The capital of the island, Palma, is also the capital of the autonomous community of the Balearic Islands.
More properties
If this ad doesn't suit you, have a look at the other hotels for sale in Majorca (Mallorca).
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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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