The three-star hotel in Madrid.

Madrid, Spain

  • Asking Price: $6,617,000
  • Gross Income: Not Disclosed
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #214922
  • Established: Not Disclosed
  • Employees:

Business Description

The total area of the building is 1 800 sq. m. the Hotel was built in 1991 and renovated in 2007. The hotel has 50 rooms. There is also a café for hotel guests. Madrid is the capital and largest city of Spain, as well as the administrative center of the province of the same name and the Autonomous community. The municipality is part of the area (komarki) of the Metropolitan area. The largest economic, political and cultural center of the country. The city has a population of 3,273 million (as of 2010). The hotel is located near Barajas airport (ring M-30). The cost of the hotel is 5 900 000 euros. The hotel is sold without an operator. Yield - 7 % per annum. The average occupancy rate is 80 %. 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
Metropolitan Area: Madrid

Company Information

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

Financial Information

Asking Price: $6,617,000
Seller Financing Available: No

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Business Listed By:

Dmitry Ivanov

Nord Investment