Hotel in Malaga, Spain
Spain
Archive cost €26,50M
Sold or out of date
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Updated at: 22/04/2021
Location
Country: Spain
State: Andalusia
Region: Malaga
Description
DescriptionFantastic luxury Hotel 4 * located on the first sea line in Costa del Sol, 270 rooms, 26.5 million €, 6.5% profitability! The hotel is in the city center with a population of 100 thousand people in the province of Malaga, on the first line of the beach, close to yacht clubs and largest shopping centers.Distance to Malaga Airport – 10 km.The hotel is located on a plot of 17,000 sq.m.Consists of 270 rooms and there are a restaurant, SPA and fitness centers, various swimming pools, parking.The hotel is rented by a large hotel chain with a mandatory contract until 2042 with guaranteed payment to the owner of 1.725.000 euros per year, which is 6.5% of profitability.The hotel is in excellent condition and does not require any repairs or modernization.All expenses for the maintenance of the Hotel, as well as payment of local taxes, are paid by the tenant.Price: 26.5 million euros.The price does not include: 5% real estate agency services and notary fees.Bank financing is possible at 50% of the cost at 1.9% per annum for up to 20 years.An excellent investment in the hotel business in Spain with a guaranteed income of 6.5% per annum!
Features
- Parking
- Garden
- Sauna
- Yes
- Sea view
- Air conditioner
- Swimming pool
- SPA
- Restaurant
- Conference hall
- bar
- Games room
- Gym
- Laundry
- Indoor swimming pool
Location
Spain
