- 27,285,000 €
- 4.7% yield
- Tarragona Hotel 10,000,000 €
- Basic parameters
- Photo
№ 1,941,856
Hotel 11,000 m² in Tarragona
10,000,000 €
909 € /m²
- Room stock 150
- Yield 6.0%
- Constructed —
- Price per key 66,666 €
Key project parameters
- Total area
- 11,000 m²
- Room stock
- 150
- Hotel rating
- 3
- Price per key
- 66,666 €
Project description
Aparthotel on the first line in the province of Tarragona.
Description
Hotel rooms: ~ 150 units.
The property is well maintained.
Equipment
- 2 swimming pools
- restaurant
- gym
- terrace
- elevator
Extra information
Garden
Car parks
Balcony or terrace
Beachfront
Sea view
Swimming pool
Tenants
- Agreement
- n/a
The building is fully let. The tenant is a hotel chain.
The lease was concluded for a period of 10 years.
Financial performance
- Yield
- 6.0%
The annual income is 600,000 €.
The yield is 6%.
Transaction costs
The brokerage fee is 5%.
Location and nearby infrastructure
The property is located on the first coastline in the province of Tarragona within the autonomous community of Catalonia.
The distance from the hotel to the city of Tarragona (the administrative center of the province), the city of Salou and the famous Europe’s leading theme park and water park PortAventura — 60 km.
Costa Dorada is located on the coast of the Balearic Sea (part of the Mediterranean Sea) in northeastern Spain, stretching for 200 km. Costa Dorada covers the entire coast of the province of Tarragona.
The Costa Dorada is characterized by long and gently sloping sandy beaches, which provide ideal conditions for tourism and recreation. The ratio of beaches and rocky coastline in the Costa Dorada is much better than in other Spanish coastal regions. The entrance to the water on most beaches is shallow.
One of the main tourist attractions of the Costa Dorada is the PortAventura amusement park in the city of Salou.
More properties
If this ad doesn't suit you, have a look at the other hotels for sale in Tarragona.
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- annual yield
- From 15-17%
- investment exit horizon
- 2–3 years
- full support at every stage
- Turnkey deal
How we help investors
Analysing the needs
We use a methodology that enables us to formulate requests and find good deals in the market
Developing a strategy
We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment
Providing transaction support
We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account
Helping with management
We can take over the management of your property or recommend a suitable management company
Organising property viewings
We will arrange a visit to the site to view one or more projects
Saving time
At the investor's request, we can arrange a remote purchase with the least possible visits to the country
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