Four-star hotel with panoramic views and a long-term rental agreement on the Costa del Sol.
Description
The hotel includes:
- 100 rooms
- restaurant
- breakfast area
- bar
- conference room
- event room
- SPA complex
- 3 pools
- parking
It is possible to build 100 rooms or apartments extra.
The absolute annual income is 600,000 €.
The current yield is 5%.
Possible mortgage: 60% of the hotel value at 1.9% per annum for 15 years.
The lease agreement with the hotel chain is signed for 10 years.
Brokerage fee is 5%.
The property is located 15 minutes from Marbella, next to the golf field.
Marbella is one of the most expensive and prestigious resorts in Spain, located on the southern coast of the Costa del Sol.
The population of the city exceeds 140,000 people. There are a large number of foreign residents in Marbella.
The fashionable port of Puerto Banus is located four kilometers away from the city.
