For Sale: NEW Apart-Hotel in Benidorm, Spain – €1.35 Million, 7.52% Yield!

Benidorm, Spain
€1,35M
€3,392/m²
;

Location

  • Country
    Spain
  • State
    Valencian Community
  • Region
    Provincia de Alacant/Alicante
  • Town
    Benidorm
  • Address
    Carrer d Alacant

Property characteristics

Property parameters

  • Price per m²
    Price per m²
    €3,392/m²
  • Rooms
    Rooms
    7
  • Total area
    Total area
    398 m²

Building parameters

  • The year of construction
    The year of construction
    2020
  • Number of floors
    Number of floors
    6

Interior details

Heating:

  • Yes

Cooling:

  • Air conditioner

Interior Features:

  • Fireplace
  • Storage Room
  • Equipped kitchen
  • Laundry

Security features:

  • Alarm system

Exterior details

Exterior features:

  • Garage
  • Garden
  • Terrace
  • Barbeque
  • Swimming pool

View:

  • Mountain view

Description

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!

Updated at: 02/10/2024

Location on the map

Benidorm, Spain
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