Four-star beachfront hotel on Mallorca.
Description
The building with a total area of 12,400 m² includes 226 rooms (411 beds).
Equipment
- restaurant
- 2 swimming pools
- tennis court
- fitness
- parking
Financial performance
The annual income is 1,680,000 €.
The yield is 6%.
Tenants
The property is fully let. The tenant is an international hotel chain.
The lease agreement is valid for 15 years.
Transaction costs
Brokerage fee is 3%.
Location
The hotel is located on the island of Mallorca, on the seashore.
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.
