Three-star chain hotel on the first coastline of the Costa del Sol.
Room fund: 200 units with a private balcony.
- 2 outdoor pools
- 2 bars
- underground parking
The annual income is € 1,320,000.
The yield is 6%.
The property is fully let. The tenant is a large hotel chain.
The lease was concluded for a period of 15 years.
The hotel is located on the first line, 10 km from the center of Malaga and 6 km from the airport.
Andalusia is situated in the south of the Iberian peninsula, in southwestern Europe, immediately south of the autonomous communities of Extremadura and Castilla-La Mancha; west of the autonomous community of Murcia and the Mediterranean Sea; east of Portugal and the Atlantic Ocean; and north of the Mediterranean Sea and the Strait of Gibraltar.
Among the autonomous communities, Andalusia is second only to Catalonia in tourism, with nearly 30 million visitors every year. The principal tourist destination in Andalusia is the Costa del Sol. Due in part to the relatively mild winter and spring climate, the south of Spain is attractive to overseas visitors–especially tourists from Northern Europe.