MergerPlace

Chain of 8 hotels in Palma de Mallorca.

Palma, Spain


  • Asking Price: $108,005,000
  • Gross Income: Not Disclosed
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #214995
  • Established: Not Disclosed
  • Employees:

Business Description

Hotels category 3 and 4 stars. The category can be upgraded. 868 rooms. 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 hotels are located near the sea and Playa de Arenal beach. The cost of the object - 95 000 000 euros. No hotel operator. The average annual occupancy rate is more than 80 %. The documents are ready to deal. Hotels category 3 and 4 stars. The category can be upgraded. 868 rooms. 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 hotels are located near the sea and Playa de Arenal beach. The cost of the object - 95 000 000 euros. No hotel operator. The average annual occupancy rate is more than 80 %. 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

Company Information

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

Financial Information

Asking Price: $108,005,000
Seller Financing Available: No

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Business Listed By:

Dmitry Ivanov

Nord Investment