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Cost-effective beachfront 3* hotel in Valencia, 120 rooms

5 500 000
EUR
HOT.010
ID (ref)
Valencia
City
6 350m²
Total area
3 900m²
Land area
120
Rooms

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.