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4* hotel for sale on the first line of the sea, on the island of Mallorca

24 500 000
ID (ref)

For sale 4* Hotel on the sea front, on the island of Mallorca.

The hotel has 178 rooms.

Hotel chain sells 4* Hotel with the condition of mandatory rent it for 20 years.

The hotel is located on the island of Mallorca, on the seafront, with direct access to the beach.

The hotel has 178 rooms, all suites and superior suites.

Two swimming pools, one of them indoor.

Restaurant, two bars, Parking, conference room.

The tenant pays the owner € 1.5 million per year, which is more than 6% of profitability.

It is possible to quickly renew the existing loan by 12.0 million€.

Cost: 24.5 million€

The price does not include:

- Agency Commission 5%

- re-registration costs

A great investment with a guaranteed return of 6% and a unique location!