2* hotel in Majorca

Vendor code: DO0204039
€5,000,000
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  • Description

    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.

  • Features
    Location
    RegionMallorca
    CityMallorca
    DistrictMallorca
    Property description
    Type of commercial propertyHotel
    Square feet2112 sq m
    Additional data
    Selling