Apartment 70 bedrooms 2 400 m² Castell-Platja d Aro, Spain
Castell-Platja d Aro, Spain, Lower Empordà
€4,50M
€1,875/m²
Location
Property characteristics
Apartment parameters
-
Price per m²€1,875/m² -
Bedrooms70 -
Total area2 400 m²
Description
This cozy 2-star hotel has an unbeatable location. It is located 120 km from Barcelona airport, 30 km from Girona airport and 90 km from the border with France.
Within walking distance of the city center, the promenade, attractions, shops, cafes, bars and restaurants, nightclubs, car and bicycle rental …
In the center of the town of Platja d’Aro and just 50m from the sea, on the second line.
With a 2-star rating and a constructed area of 2,400 m2 spread over 3 floors + ground floor, it consists of:
70 spacious rooms
24h reception
Ground floor terrace
Spacious kitchen
Restaurant for 150 px
Breakfast buffet
Various lounges
Laundry
TV room
Warehouses
Lift
Other hotel features:
The hotel is operating with all necessary licenses and permits.
Occupation: The last 10 years in the management of children’s tourism.
Bank loans: up to 50% (possibly up to 70%)
Operated by: For the last 10 years operated by a German children’s tourism company. The contract is for the summer period until October inclusive. Updated annually.
Personnel: Management company.
Rental income net of all costs: € 25 / bed-day
Property value: € 6,000,000
Bank financing: up to 50%
Bank loan rate: from 2.5%
Required amount of share capital of the investor: € 3,000,000 + transaction closing costs.
Return on investment (ROI): up to 14%
In case of purchase by bank loan.
There is the possibility of expanding the services provided.
According to market studies, the family recreation sector, pensioners is not covered. Thus, the hotel can be open all year round.
Requires repairs and updates.
Platja d’Aro
A benchmark town in commerce and leisure in the municipality of Castell-Platja d’Aro y S’agaró, it will offer you quality tourism with numerous fashion, gastronomy and restaurant stores. Also characterized by its nightlife for both young and old, making it one of the liveliest towns on the Costa Brava, surrounded by Mediterranean landscapes, coves and typical towns full of history and culture.
It also highlights the variety of beaches that this rich coast makes available both for its “Platja Gran” and “La Conca” along with the seaport that divides them. Where we can find small coves and corners where to relax and enjoy the landscape.
Updated at: 29/09/2023
Location on the map
Castell-Platja d Aro, Spain, Lower Empordà
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