New Apart-Hotel in Benidorm, Spain – € 1.5 million, 7.5% profitability!
Location: Benidorm city center, 280 meters from the beach.Hotel with a total area of 600 m2. It consists of 9 apartments, each with its own kitchen, living room, bedroom, bathroom, balcony overlooking the city.Independent building with 5 floors, reception, elevator.It was put into operation in 2020. It meets all the municipal criteria; it has all the necessary permits and licenses.Booking.com rating: 9.3!The Hotel can be leased by a managing company with payment of € 112,500 per year to the owner, which corresponds to a yield of 7.5%.Bank financing is possible from € 750,000 at 1.9% per year for up to 15 years.Price: € 1.5 millionThe price does not include: 5% agency services, payment of notarial services.
A great investment in a new Apart-Hotel in the most popular tourist city in Spain!