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Investment Opportunity – Hotel 3★ on the coast of Spain
Coolier | Costa de Valencia | 69 rooms | 30 km from Valencia
The building of the operating hotel 3★ with 69 rooms, located in Culliers, a famous resort town on the Costa de Valencia, is for sale.
The total area of the object is about 3 030 m2. The hotel consists of two interconnected buildings and has reception, recreation, restaurant rooms with professional cuisine, technical and service areas, two elevators and an underground garage.
Sale price: 6.8 million euros
Official estimated value: 8,875,521 €
One of the main advantages of the offer is a significant discount to the expert value of the object.
The valuation, carried out in December 2025 by Arquitasa, an accredited bank of Spain, puts the property at 8.875 million euros.
Thus:
the sale price is approximately 23.4% below the estimated value;
the difference is more than 2.07 million euros;
purchase price – about 2,244 €/m2 against the estimated value of about 2,929 €/m2;
The estimated cost of replacing the facility is about 10.684 million euros.
More than 1.3 million euros have already been invested
According to the provided register of expenses, more than 1.3 million euros have already been invested in the facility with VAT recorded as paid.
Investments include repair and construction work, architecture, bathroom renovation, joinery and equipment, painting, air conditioning and power supply systems, and other modernization and improvement works.
The expert report also notes the very good general condition of the facility and the recent renovation.
Long-term lease agreement and finished income
The hotel is operated under a long-term lease agreement for a period of 15 years, providing the investor with good visibility of future rental income.
The treaty provides:
a fixed rent of 345,000 euros excluding VAT per year;
additional variable component of rent;
solidary guarantee of the parent company of the operator in accordance with the terms of the contract;
a significant part of the costs of operation, maintenance and maintenance of the facility is borne by the tenant;
absence of the tenant’s preferential right to purchase the building in case of its sale.
At an acquisition price of 6.8 million euros, a fixed lease provides an initial gross yield of about 5.1% per annum, excluding a possible variable component.
The operator is part of a large hotel group
The company is currently owned by Hotels & Resorts Blue Sea Leisure SL.
The change comes as part of BLUESEA’s acquisition of a portfolio of 17 hotels with more than 1,800 rooms.
Today, BLUESEA manages a portfolio of approximately 63 hotels and 9,560 rooms represented in the main tourist regions of Spain.
Thus, the operation of the facility is integrated into the structure of a large hotel operator of a national scale.
The legal scope of the guarantee of the parent company is subject to final verification in accordance with the terms of the lease agreement.
Two possible investment strategies
1. Profitable property
The new owner can retain a current tenant and receive €345,000 VAT-free fixed rent per year + a potential variable component, with little or no involvement in the daily management of the hotel.
2. Independent operation
According to the seller, if the buyer does not want to keep the current tenant, there is an opportunity to consider independent management of the hotel or the transfer of the object to its own hotel operator.
This opens up additional potential: increased occupancy and RevPAR, repositioning, upgraded hotel category and international clientele development.
The terms of possible early termination of the current lease agreement must be confirmed within the framework of due diligence.
Strategic location – local and international clientele
Cullera is a popular seaside resort of Costa de Valencia.
Valencia is about 30 km away and Valencia International Airport is about 40 km away, providing easy access for both Spanish and foreign visitors.
The hotel can work simultaneously with local, national and international clients, focusing on beach holidays, weekends, short trips and acquaintance with the Valencia region.
The combination of the seaside resort + the proximity of Valencia + the international airport creates additional potential to increase the share of foreign visitors.
Not only the sea – the tourist potential of the region
Coolier allows you to combine beach holidays with cultural, natural and gastronomic tourism.
In the Cullier itself, tourists are attracted by the Cullera Castle, the historic center, the lighthouse, the coast, natural routes, rice fields, the Estany lagoon and the mouth of the Hukar River.
Due to its location, the hotel can also serve as a convenient starting point for excursions to the region. Among the interesting directions:
Valencia – Historical Centre, City of Arts and Sciences, Oceanogràfic and Bioparc
Albufera natural park – lagoon, rice fields, boating and Valencian gastronomy;
Castle of Hativa (Castillo de Xàtiva)
The Ducal Palace of Gandhi;
The Royal Monastery of Santa María de la Valldigna
The Utiel-Requena wine region offers additional potential for gastronomic and wine tourism.
This diversity allows us to develop not only the traditional beach segment, but also cultural, gastronomic, sightseeing and international tourism, potentially expanding the tourist season.
Value growth potential
The investment attractiveness of the property is formed by several factors: a purchase for 6.8 million euros with an expert assessment of almost 8.9 million euros, more than 1.3 million euros of investments already made, existing rental income, a long-term contract, a professional operator and the possibility of an alternative strategy of self-management.
Additional long-term potential is provided by the land component: as part of the analysis of the most effective use, the expert assessment also considers the scenario of residential development with an area of 3,030 m2, subject to compliance with urban planning standards and obtaining the necessary permits.
Sale price: 6.8 million euros
The full investment dossier, expert assessment, lease agreement and financial documentation are provided upon request after signing the NDA.
