listing

EUR 2,200,000
  • 56
Property for
Sale
Location
Country
Spain
State/Region/Province
Balearic Islands
City
Palma
ZIP code
07600
Posted
Apr 06, 2022
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Description
2 * Hotel for sale due to the owner's retirement.
Arenal ZONE- Playa de Palma with 34 rooms, 56 places in Hosteleras. Open all year round with an occupancy of 80/90%.
Fully assembled and equipped. It enters mature areas, it can be remodeled to 4 * and go up 1 more floor.
It is currently run by the family.
The land where it is built is also classified as multi-family land.
Sale price € 2,200,000 negotiable.
Currently it gives a profitability of 6%.
DEMONSTRABLE With another operator possibility of 7/8% profitability. Society is sold.
Possibility of making horizontal division and transforming them into tourist apartments or FLATS FOR SALE.
Hotel, leisure and multi-family land.
Great opportunity.
Bedrooms
56
Room details
Indoor Features
  • Fitted kitchen
Rental details
Furnished
Yes
Additional information
Contact information
IMLIX ID
21
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Loan Terms
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Loan Term
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Interest Rate
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