MergerPlace

Five star hotel in Palma de Mallorca.

Palma de Mallorca, Spain


  • Asking Price: $67,680,000
  • Gross Income: Not Disclosed
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #215223
  • Established: Not Disclosed
  • Employees:

Business Description

City hotel with a great location. Newly renovated. The hotel has 180 rooms (luxury suites). Palma, often called Palma de Mallorca, is the main city and port of the Spanish Autonomous community of the Balearic Islands. It is located in the Palm Bay of the island of Mallorca with a width of 20 kilometers and a length of 25 kilometers. A major tourist center. The hotel is located 15 minutes from the international airport, close to the beach and shopping center. The cost of the hotel is 60 000 000 euros. A margin of 6.5% per annum. Without a hotel operator. The documents are ready to deal. Additional information is available upon request and upon signature of the LOI by the direct purchaser.


Business Details

Primary Business Category: Real Estate and Rental and Leasing
Location: Spain
Metropolitan Area: Palma de Mallorca

Company Information

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

Financial Information

Asking Price: $67,680,000
Seller Financing Available: No

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Business Listed By:

Dmitry Ivanov

Nord Investment