Four-star boutique hotel in the center of Palma de Mallorca.
The four-storey detached building with an area of 2,400 m² includes 35 rooms.
The building is in excellent condition.
High rating according to reviews of tourists.
- outdoor pool
The annual income is 1,050,000 €.
The yield is 7%.
The building is fully let to the management company.
The lease is valid for 10 years.
Brokerage fee is 5%.
The building is located in the historic center of Palma de Mallorca, very close to the main square of the Plaza Mayor and Palma Cathedral. Distance to the airport — 7 km.
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.