MergerPlace

Three star hotel, on the coast.

Spain


  • Asking Price: $7,964,000
  • Gross Income: Not Disclosed
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #215080
  • Established: Not Disclosed
  • Employees:

Business Description

Three star hotel, on the coast, in the Malaga region. The total area is 2,700 sq. m. it is Possible to increase the category of the hotel to 4 stars. 50 rooms, double and triples. Bar, swimming pool, Jacuzzi, 4 terraces, private Laundry, Parking. Malaga is a city in southern Spain, in Andalusia. The administrative center of the province of Malaga. The population is 568 212 people (as of 2012). The municipality is a part of the district (Comarca) Malaga — Costa del Sol. It covers an area of 395 km2. The second after the city of Seville in Andalusia. One of the cultural centers of Andalusia with rich traditions, University city, the venue of the Malaga film festival. Popular seaside resort on the Mediterranean coast of Costa del Sol, its transport hub. Among the famous natives of Malaga — artist and sculptor Pablo Picasso and film actor Antonio Banderas. Their names are the embankments of Malaga. The hotel is located 100 metres from the sea. The cost of the project of 7 000 000 euros. The hotel is sold without an operator. The average occupancy rate is about 90 % over the past two years. Yield - 8 % per annum. The documents are ready to deal. Additional information is available upon request.


Business Details

Primary Business Category: Real Estate and Rental and Leasing
Location: Spain

Company Information

Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $7,964,000
Seller Financing Available: No

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Business Listed By:

Dmitry Ivanov

Nord Investment