Cost-effective 3* hotel on the sea front in Valencia, 120 rooms.
Cost-effective 3* hotel on the sea front in Valencia, 120 rooms.
The hotel is located on the first line of the sea on the Costa Blanca.
Hotel area: 6.350 sq. m.
Plot size of 3,900 square meters.
The hotel has 120 rooms located in two 5-storey buildings.
Put on a 10 year lease of the hotel chain with a guaranteed payment to the owner of 350.000 € per year, representing 6,35% of rentabelnosti.
Possible mortgage loan of € 3.3 million for up to 20 years at 1.9% per annum.
Hotel price: 5,5 million€
The price does not include:
- Agency Commission 5%
- re-registration costs
An excellent investment with a small entrance to the business – € 2.5 million and a high profitability of 6.35% per annum.
