4* hotel in Majorca

Vendor code: DO0201066
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  • Description

    Unique opportunity: 4* hotel, 226 rooms, on the first line of the sea, 28 million euros, 6% profitability!

    Location: Majorca, Spain. It belongs to an international hotel chain, which remains a tenant in the hotel for 15 years with a payment of 1.68 million euros per year to the future owner with a Bank guarantee! The hotel has 226 rooms for 411 people, a fitness center, two swimming pools, tennis courts, and Parking. A complete overhaul in 2017. Hotel area: 12.400 square meters. Land plot area: 9.900 square meters. Cost: 28 million euros + 3% Agency Commission. Bank financing is possible at 50% of the cost at 2.1% per annum for up to 15 years. Additional information when providing a LOI.

    A unique opportunity to buy a new 4* hotel on the first line with guaranteed rent from a reliable hotel chain!

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

  • Features
    Property description
    Type of real estateCommercial properties
    Type of commercial propertyHotel
    Square feet12400 sq m
    Additional data
    Year of construction2017
    Plot size9900 sq m