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708430 | Top Hotel Andalusia spain 7,5% Yield on the beach

Top Hotel Andalusia spain 7,5% Yield on the beach
Type: buy
Price€8.400.000,00
Seller
Quantity: 1
Availability: yes
Location: Malaga, Spain

Top Hotel Andalusia spain 7,5% Yield on the beach on 40 m , Most recent Total renovated 2015 48 Keys balcony or terrace and swimming pool in Spain.

Yield: 7.5%

  • Operating Incom?: 600,000 €
  • Most recent Total renovatie: 2015
  • Total rooms: 48
  • Sea at 40 m
  • Balcony or terrace
  • Swimming pool
  • Sea view

Fully renovated hotel near the beach.

Description

The hotel room capacity: 48 rooms.

Each room has a bathroom and a terrace with a view of the pool. 28 rooms have a sea view.

The hotel includes a reception area, a bar, 3 lounge areas with different decorations, a restaurant with an equipped kitchen, a pool with salt filters, a Jacuzzi, a laundry, a warehouse, the staff and administration rooms.

The building was completely renovated in 2014–2015.

The price of the property includes the building, all equipment, licenses, furniture and hotel decoration.

Now the hotel is under the owner's management.

Financial performance

Absolute annual income is 600,000 €.

The current yield of 7.5%. 

Location and nearby objects

The hotel is located in 40 m from the beach in the resort town of the province of Malaga. Restaurants, bars and shops are situated in a walking distance from the building.


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