For Sale: NEW Apart-Hotel in Benidorm, Spain – €1.35 Million, 7.52% Yield!
Location: In the historic center of the famous resort city of Benidorm, just 250 meters from the beach.
The hotel, with a total area of 398 sq.m., consists of 7 designer studios. Each studio is equipped with a balcony with city views, a flat-screen cable TV, a dining area, a well-equipped kitchen, and a private bathroom with a shower, free toiletries, and a hairdryer.
A separate 5-story building with a reception/lobby area, technical rooms, public restrooms (including a restroom for people with disabilities), luggage storage, an elevator, and a smart lock system.
The hotel was completed in the summer of 2020. It meets European quality standards and all municipal requirements, and has all the necessary permits and licenses.
It is currently leased to a management company with an annual payment of €101,000 to the owner, providing a 7.52% return. Self-management is also an option.
Price: €1,350,000 — flexible payment options, including payment in rubles in Russia or in hryvnias in Ukraine.
Not included in the price: 5% agency fee, notary fees.
Additional information available upon request (detailed description, photos, video presentation, financial reports).
An excellent investment in a NEW Apart-Hotel in Spain’s most popular tourist city!