709560 | Spain /Mallorca 3-star hotel return of 6% is an op

Spain /Mallorca 3-star hotel return of 6% is an operator offering a guaranteed, in front of the beach and with direct access to it. A large number of restaurants, bars and shops are only 500 meters from the hotel.

Property Description

A charming 3-star hotel with a peculiar and unique design located on the east coast of the island of Mallorca, in front of the beach and with direct access to it. A large number of restaurants, bars and shops are only 500 meters from the hotel. Cala Millor and its beaches are about 3 km away and the famous Drach caves are 15 minutes’ drive. 1 hour from the international airport and the Palma de Mallorca city center.

Total built area - 3.591 m2
Plot area - 1.386 m2

There are 100 rooms with 177 beds, as well as a snack bar and restaurant, terrace - solarium, and outdoor swimming pool.
The hotel condition is acceptable but needs Capex on the facade and some updating.
There is an operator offering a guaranteed return of 6% with a minimum performance requirement of 10 years.

Direct buyers or representatives only.

Due to utmost privacy, DD and detailed information would be provided only to qualified buyers who sign NDA and can POF to make sure we keep our properties exclusive to potential buyers

 We can provide only limited information.

Required To Make An Offer & For Financials:
1. Signed NDA
2. Letter Of Intent
3. POF