2* hotel in Majorca

Sale of a 2* hotel in Majorca, 5.0 million euros, 5% profitability!

Located on the Arenal beach, 500 meters from the water. 10 km to the airport, 15 km from Palma de Mallorca.
The hotel has 64 rooms for 123 people.
Hotel area 2112 square meters

land Area 556 square meters

Major renovation 2018.
Cost: 5.0 million euros + 5% Agency Commission.
Possible sale with a management company.
Rent 250,000 euros per year plus VAT with a Bank guarantee.

High occupancy rate throughout the year.

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