Posh 5* Hotel on the Canary Islands for 306 rooms
- Description
Sale posh 5* Hotel on the Canary Islands: 306 rooms, 95.5 million euros!!!
- Hotel built in 2005, renovated in 2014.
- The first line of the beach.
- Plot area of 28.750 square meters.
- The area of buildings 14.900 square meters.
- 306 rooms, 4 restaurants, 2 pools, SPA complex.
Employment of hotel, 85%, ADR 172.3
EBITDA&MARGIN 7.6 and 33.6%
Cost: 95.5 million euros
The price does not include 5% Agency Commission.
Possible Bank financing of EUR 50 million at 1.6% per annum.
Excellent investment in one of the best hotels in Spain!!!
See more objects in our catalog: 1. Business related - Business property for sale in Spain from a Agency RozenGold Real Estate.
- Features
Location Region Las Islas Canarias City Las Islas Canarias District Las Islas Canarias Property description Type of real estate Commercial properties Type of commercial property Hotel Square feet 14900 sq m Additional data Year of construction 2005 Plot size 28750 sq m Renovated 2014 Selling