It is a four-star hotel with sea views for sale.
Description
Hotel room capacity is 261 suites.
Absolute income is 1,350,000 €.
The current yield of 5%.
The tenant is a large hotel chain.
The lease agreement is signed for 20 years.
The broker's fee of 3,57%.
Property situated on Madeira Island, which is popular resort with plenty of sights and entertainment amenities.