4* hotel in Majorca
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.
Location Region Mallorca City Mallorca District Mallorca Property description New Yes Type of real estate Commercial properties Type of commercial property Hotel Square feet 12400 sq m Additional data Year of construction 2017 Plot size 9900 sq m Selling