Hotel 1 350 m² in Puente Sardas, Spain

DescriptionProfitable Hotel 3* in the mountains of Catalonia – 1.69 million euros, profitability – 10%!Location: Catalan Pyrenees, on the banks of the river next to popular ski stations. Nearby there are also cross-country skiing trails, riding and fishing clubs, cycling, and hiking trails, picturesque lakes, and a large municipal swimming pool is 100 meters away.Hotel area: 1350 m2Land area: 1000 m2The hotel consists of:20 rooms: 13 are doubles and 7 are family rooms.Restaurant for 60 seats + summer outdoor terrace for 10-12 tables. The restaurant is active always and operating both in high season and in the off-season.Parking.The hotel operates most intensively 8-9 months a year and the main occupancy is due to local guests from Catalonia, and during the high season it is also visited by national and foreign clients.The hotel is highly profitable, the profitability is 10% per annum (according to the last balance sheet of the full year of operation, the income was 272.000 Euro).In 2018, the hotel underwent a renovation in the amount of 600,000 Euros with a complete replacement of all technical installations, kitchens, furniture, and decor.Rating via Booking.com: 8.0 (Very Good)Price: 1.690.000 € + 5% agency commission.Great investment opportunity with high yield in a ski resort in Spain!