Sale of a new 4 * boutique hotel with 57 rooms on the central square in Valencia, with 5% profitability.
The hotel is currently under construction. The deadline for the construction and commissioning of the hotel with the leasing of the hotel network is 18 months.
A hotel lease contract has been signed for a period of 30 years, with 15 years of compulsory execution.
The rent is 712.500 Euros per year, plus annual growth of 0.5% and indexation of inflation at the end of the year.
The purchase and registration of the hotel with payment of the balance in the amount of € 14.0 million is carried out after the launch of the hotel and receiving the first monthly payment from the tenant.
The hotel consists of 57 rooms and has an area of 2.500 sq. M.
It is possible to bank finance the purchase of a hotel for 9.0 million euros at 1.9% per annum for up to 20 years.
Cost: € 15 million
The price includes full hotel equipment, furniture and equipment.
The price does not include: - Agency commission 5%; - the cost of re-registration.
The advantage of this investment is in a very convenient form of payment and in the further growth of the cost of a new building located on the central square of Valencia, the third largest and most significant in Spain, with a profitability of 5% per annum!