Hotel 3 474 m² in Spain, Spain

On sale is a hotel with an operator in one of the most developing areas of Madrid. In the immediate vicinity of the hotel there is a huge shopping and entertainment center, as well as several large parks and green areas.

The operator is one of the largest hotel chains, managing over 700 hotels in 14 countries. In addition to a good location, the strength of this offer is a unique lease agreement:

• A contract for 45 years with mandatory execution for the entire period of validity !! (3 extensions of 15 years each)
• The tenant (management company) pays all expenses, including IBI tax of 30,000€/year
• The contract takes into account the annual inflation index (IPC)
• The rental fee of 411,500 euros per year allows you to achieve a profitability (NETTO) in Madrid of 5.2%

The level of the tenant, mandatory execution of the contract throughout the entire contract period (3x15 years) and other conditions listed above guarantee the investor almost no risk of downtime of the property and ensure the fastest possible return on investment.

The building is currently under active construction. The facility will be commissioned in the second semester of 2023 (planned in September) with the following characteristics:

• Area: 3.474m2
• 5 floors, including underground (for parking)
• 121 apartment rooms
• 36 parking spaces
• Territory: 22 acres

The hotel is being built using the most modern technologies and will be equipped with all modern amenities for guests.