<p><strong>Spain Yield 7,1% Portfolio </strong><strong>2 hotels Reduced 8,5 M 3 * and&nbsp;4 * on&nbsp;the&nbsp;Costa del Sol 400 keys , Most recent total renovation: 2006 There are 2 swimming pools on the Costa Del Sol.</strong></p>
<p><strong><span style="color: #ff0000;">33,500,000&nbsp;&euro;</span></strong></p>
<p><span style="text-decoration: line-through;"><span style="color: #ff0000;">42,000,000&nbsp;&euro;</span></span></p>
<p>&nbsp;</p>
<p>Total area</p>
<p>22,500&nbsp;m&sup2;</p>
<p>Property parameters</p>
<p>Land area: 20,000&nbsp;m&sup2;</p>
<p>Total rooms: 400</p>
<p>Financial performance</p>
<p>Annual income: 2,200,000&nbsp;&euro;</p>
<p>Tenants</p>
<ul>
<li>Fully let</li>
</ul>
<p>Property status</p>
<ul>
<li>Most recent total renovation: 2006</li>
</ul>
<p>Features</p>
<ul>
<li>Balcony or terrace</li>
<li>Swimming pool</li>
<li>Garden</li>
<li>Car parks</li>
<li>Sea view</li>
</ul>
<p>Two hotels 3 * and&nbsp;4 * on&nbsp;the&nbsp;Costa del Sol.</p>
<p>Description</p>
<ul>
<li>Hotel 4 *&nbsp;: a&nbsp;building with a&nbsp;total area of&nbsp;more than 14,000 m&sup2; includes 200+ rooms. The&nbsp;hotel is located 300 meters from the&nbsp;sea.</li>
<li>Hotel 3 *: a&nbsp;building with a&nbsp;total area of&nbsp;more than 8,000 m&sup2; includes 200 rooms. There are 2 swimming pools.</li>
</ul>
<h3>&middot;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial performance</h3>
<p>&nbsp;&nbsp;&nbsp;&nbsp; The&nbsp;annual income is &euro; 2,200,000.</p>
<p>The&nbsp;yield is 7.1%.</p>
<p><span style="font-size: 1.17em;">&nbsp; &nbsp; &nbsp; &nbsp;Tenants</span></p>
<p>The&nbsp;buildings are fully leased. The&nbsp;tenant is a&nbsp;reliable hotel chain.</p>
<p>The&nbsp;lease was concluded for&nbsp;a&nbsp;period of&nbsp;10 years.</p>
<h3>&middot;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Location</h3>
<p>The&nbsp;hotels are located by&nbsp;the&nbsp;sea, in&nbsp;the&nbsp;largest city on&nbsp;the&nbsp;Costa del Sol, in&nbsp;the&nbsp;autonomous community of&nbsp;Andalusia. Distance to&nbsp;the&nbsp;airport&nbsp;&mdash; 10 km.</p>
<p>Andalusia is situated in&nbsp;the&nbsp;south of&nbsp;the&nbsp;Iberian peninsula, in&nbsp;southwestern Europe, immediately south of&nbsp;the&nbsp;autonomous communities of&nbsp;Extremadura and&nbsp;Castilla-La Mancha; west of&nbsp;the&nbsp;autonomous community of&nbsp;Murcia and&nbsp;the&nbsp;Mediterranean Sea; east of&nbsp;Portugal and&nbsp;the&nbsp;Atlantic Ocean; and&nbsp;north of&nbsp;the&nbsp;Mediterranean Sea and&nbsp;the&nbsp;Strait of&nbsp;Gibraltar.</p>
<p>Among the&nbsp;autonomous communities,</p>
<p>Andalusia is second only to&nbsp;Catalonia in&nbsp;tourism, with nearly 30 million visitors every year. The&nbsp;principal tourist destination in&nbsp;Andalusia is the&nbsp;Costa del Sol. Due in&nbsp;part to&nbsp;the&nbsp;relatively mild winter and&nbsp;spring climate, the&nbsp;south of&nbsp;Spain is attractive to&nbsp;overseas visitors&ndash;especially tourists from Northern Europe.</p>
<p><strong>Financial Data</strong>:</p>
<p>We are ready to provide with more detailed financial data upon signature of soft LOI (without penalties for non-buying) showing the financial credibility and interest of the potential buyer.<strong>&nbsp;</strong></p>
<p><strong>&nbsp;</strong></p>