Four-star hotel on the beachfront with a long-term lease agreement.
Description
The hotel includes:
- 270 rooms
- restaurant
- SPA-center
- fitness centre
- swimming pools
- parking
The hotel is in excellent condition and does not require any repairs or modernization.
All expenses for the maintenance as well as payment of local taxes are paid by the tenant.
Possible bank financing for 50% of the cost at 1.9% per annum for up to 20 years.
The tenant is a large hotel chain with a binding agreement until 2042.
The property is located in the city center with a population of 100 thousand people in the province of Malaga, on the beachfront, close to yacht clubs and major shopping centers.
Malaga Airport is 10 km away.
Malaga is a seaside town in Spanish Andalusia with a population of over half a million people. Malaga is famous for its beaches with a total length of about 14 km.
Malaga is a port city, an important cultural and financial center of Andalusia, a fashionable Spanish resort with a colorful historical center and an abundance of shops.