3* hotel in Valencia
- Description
The hotel is located on the seafront on the Costa Blanca in Valencia - one of the most beautiful cities of Spain on the Mediterranean sea. It is the third most populated city after Madrid and Barcelona. It is very mild climate, a lot great beauty of the beaches and historical monuments, which makes Valencia attractive for holidays.
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 400.000 € per year, which is 7.7 % per annum, with an issued Bank guarantee.
Lease until 2026.
Possible mortgage loan of 3.3 million€ for a period of up to 20 years at 1.9% per annum.
Hotel cost: 5.2 million€
Not included in the price: Agency Commission 5%, the cost of renewal.
Excellent investment with a small entrance in the business of 2.5 million€ and a high return of 7.7% per annum.
See more objects in our catalog: 1. Business related - Business property for sale in Spain from a Agency RozenGold Real Estate.
- Features
Location Region Valencia City Valencia District Valencia Property description Type of real estate Commercial properties Type of commercial property Hotel Square feet 6350 sq m Additional data Plot size 3900 sq m Selling
