Four-star hotel with a long-term lease agreement.
Description
The hotel includes:
- 200+ rooms (including 12 deluxe rooms)
- conference room
- spa center
- 2 swimming pools (one heated)
- gym
Rating on Booking – 8.9.
Financial performance
The price includes the cost of repair and modernization of the hotel (CAPEX) in the amount of 2,270,000 €.
Tenants
It is sold subject to lease to the current owner, an international hotel chain, for a period of at least 10 years.
Location and nearby infrastructure
The property is located on the shores of the Mediterranean Sea, near the city of Malaga.
Malaga is a seaside town in Spanish Andalusia with a population of over half a million people. Malaga is famous for its beaches with a total length of about 14 km.
Malaga is a port city, an important cultural and financial center of Andalusia, a fashionable Spanish resort with a colorful historical center and an abundance of shops.
