Mercury Group
3* Hotel near the beach in Mallorca.
- Spain, Mallorca
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Property description
- Spain, Mallorca
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3* Hotel in Mallorca – 5.5 million Euros!
- The hotel is located 150 meters from the sandy beach, 9 km from the airport.
- Total area of the hotel – 4101 m2
- Land area – 784 m2
- Number of floors – 5.
- Year of construction – 1969.
- Consists of 116 rooms, restaurant, bar, outdoor swimming pool.
- All rooms have air conditioning, free Wi-Fi, flat-screen TV, desk, and private bathroom. The hotel rooms are decorated in a modern style.
- The hotel is rented and gives a 6.1% profitability.
- Price: 5.5 million euros
- The price does not include 5% real estate agency commission and notary fees.
- Additional information on requesting and providing LOI.
An excellent investment in one of the most tourist regions in the world!
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Residence permit could be obtained through the property purchase. Leave your request in order to get more information about Residence Permit.
- Spain, Mallorca
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What you should know, purchasing a property in Spain
** After rental period you check out, own your property, and:
1. give it for rent and get the loan covered keeping real estate till the highest market to resell, or
2. resell and get the invested money + capitalization profit
In both cases, your rental costs when purchasing real estate are reduced by an average of three times.
