Hotel 14 900 m² in Santiago del Teide, Spain

Santiago del Teide, Spain
Archive cost €95,50M
Sold or out of date
Updated at: 12/05/2023

Location

Country: Spain
State: Canary Islands
Region: Santa Cruz de Tenerife
Town: Santiago del Teide
Address: TF-375

Property parameters

Total area: 14 900 m²

Description

DescriptionGreat 5 * Hotel in the Canary Islands: 306 rooms, 95.5 million euros!!!The hotel was built in 2005, reformed in 2014.On the first line of the sea.The land area is 28.750 square meters.The space of ​​buildings is 14.900 square meters.306 rooms, 4 restaurants, 2 pools, SPA complex.Hotel occupancy 85%, ADR 172.3EBITDA & MARGIN 7.6 and 33.6%Price: 95.5 million eurosThe price does not include a 5% agency commission.Possible bank financing for 50 million euros at 1.6% per annum.Great investment in one of the best hotels in Spain!!! 

Features

  • Parking
  • Garden
  • Yes
  • Sea view
  • Air conditioner
  • Swimming pool
  • SPA
  • Restaurant
  • Conference hall
  • bar
  • Games room
  • Laundry
  • Indoor swimming pool

Location

Santiago del Teide, Spain