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
Financial performance
The annual income is 930,000 €.
The yield is 6%.
Tenants
The building is fully let. The tenant is a large international hotel chain.
The lease agreement is valid for 15 years.
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.
