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DescriptionFor sale a profitable 3 * Hotel in Mallorca € 16.0 millionThe Hotel chain sells this Hotel with a compulsory lease contract for a period of up to 20 years with the payment of 960.000 € per year (profitability of 6% per annum)Area of the hotel: 11 800 sq.m.Land area: 2 600 sq.m.239 rooms for 468 people.Cost: € 16.0 millionA possible loan of 11.2 mills.€ at 1.9% per annum for up to 15 years.The price does not include: – 5% agency commission; – the cost of registration;Excellent, long-term investment with a yield of 6% per annum under the guarantee of the Spanish Bank!