Hostel two stars, in Motril (Granada).

Motril, Spain

  • Asking Price: $907,500
  • Gross Income: Not Disclosed
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #214980
  • Established: Not Disclosed
  • Employees:

Business Description

The area of the building is 800 sq. m. 22 rooms + another room with 6 beds, on the ground floor, can be transformed into an additional room. Reception, small lounge with kitchen, dining, independent restaurant, restaurant with an area of 280 sq. m., with open private terrace of 45 sqm Large rooms with a TV, air conditioning and a bathroom. There is also a large roof terrace with an area of approximately 700 sqm with a nice view of the port. Motril is a city and municipality in Spain, part of the province of Granada, part of the Autonomous community of Andalusia. The municipality is a part of the district (Comarca) Costa tropical. Distance — 74 km to the administrative center of the province. Tourists come here to relax on the world-renowned beaches and enjoy the friendly warm sea. This region is known for its developed industry and agriculture. Sugar cane has long been grown and processed here. The hostel is located 300 metres from Poniente beach, next to the port. The cost of the hostel is 800 000 euros. The hotel is functioning. There is a management company. Yield - 5 % per annum. The average occupancy rate of 80-85 %. The documents are ready to deal. Additional information is available upon signing the LOI and NDA potential acquirer.

Business Details

Primary Business Category: Real Estate and Rental and Leasing
Location: Spain
Metropolitan Area: Motril

Company Information

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

Financial Information

Asking Price: $907,500
Seller Financing Available: No

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Business Listed By:

Dmitry Ivanov

Nord Investment