Four-star boutique hotel in Mallorca.
Description
Building with a total area of about 2,500 m².
The annual income is 1,050,000 €.
The yield is 6.7%.
The building is fully leased.
The lease agreement was concluded for a period of 10 years.
The brokerage fee is 2.5%.
The hotel is located in Palma de Mallorca.
Mallorca is the largest island in the Balearic Islands, which are part of Spain and located in the Mediterranean. The capital of the island, Palma, is also the capital of the autonomous community of the Balearic Islands.