3* hotel on the seafront

Selling a 3* Hotel on the seafront in Spain, 120 hotel rooms, a 6.0 million Euro!

• The hotel is situated on the first line in the province of castellón.
• 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 6.7% 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.
• Cost of hotel: 6.0 million€
• The price does not include Agency Commission 5%

See more objects in our catalog: 1. Business related - Business property for sale in Spain from a Agency RozenGold Real Estate. 2. Hotels - Business in Spain, hotel sales from Rozengold Real Estate.