3* hotel in Valencia

Cost effective 3* Hotel on the seafront in Valencia, 120 rooms!
The hotel is located on the seafront on the Costa Blanca.

The hotel area: 6.350 sq. m.
Plot size of 3,900 square meters.
The hotel has 120 rooms located in two 5-storey buildings.

Put on a 10 year lease of the hotel chain paying the owner of 350.000 € per year, which amounts to 6.35% per annum, with an issued Bank guarantee.
Possible mortgage loan of 3.3 million€ for a period of up to 20 years at 1.9% per annum.

Hotel cost: 5.5 million€
The price does not include:
- the Agency Commission 5%
- expenses for re-registration

Excellent investment with a small entrance in the business of 2.5 million€ and a high return of 6.35% per annum.

See more objects in our catalog: 1. Hotels - Business in Spain, hotel sales from Rozengold Real Estate.