Hotel, Mallorca, Spain

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Hotel, Mallorca, Spain

5,500,000 €
1,341 € /m²
£4,699,000
£1,146 /m²
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  • Total area
    4,100 m²
  • Yield
    6.1%
  • Built in 
    1969
Details
Property parameters
  • Land area: 780 m²
  • Total rooms: 120
  • Hotel rating: 3
  • 5-floor building
Tenants
  • Fully let
Transaction costs
  • Broker: 5.0%
Distance to:
  • Sea at 150 m
Features
  • Internet
  • TV
  • Swimming pool

3-star hotel at 150 meters from the beach on Mallorca.

Description

The 5-storey building with a total area of about 4,100 m² consists of about 120 modern rooms.

Room equipment: air conditioning, free Wi-Fi, flat-screen TV, desk, private bathroom.

There is a restaurant, a bar, a swimming pool.

Financial performance

The yield is 6.1%.

Tenants

The property is fully let.

Transaction costs

Brokerage fee — 5%.

VAT.

Location and nearby infrastructure

The property is located at 150 meters from a sandy beach on Mallorca Island.

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).

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

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