Mercury Group
Sale of a NEW apart-hotel in Benidorm, Spain – 1.45 million €, 6.62% profitability!
- Spain, Costa Blanca, Benidorm
- 0
Property description
- Spain, Costa Blanca, Benidorm
- 0
Sale of a NEW apart-hotel in Benidorm, Spain – 1.45 million €, 6.62% profitability!
Location: in the historical center of the famous resort of Benidorm, 250 meters from the beach. The hotel has a total area of 450 sq.m. consists of 9 studios with an original design, each with its own kitchen, living room, bedroom, bathroom, and balcony overlooking the city. A separate 5-story building, reception/lobby, technical rooms, public bathrooms, including a bathroom for people with disabilities, luggage storage, elevator, smart lock system. Commissioned in the summer of 2020. Complies with European quality standards and all municipal requirements, has all the necessary permits and licenses. Rented to a management company with a payment of 96.000 € per year to the owner, which corresponds to a 6.62% profitability. Own control is also possible. Cost: 1.450.000 € - flexible form of payment! The price does not include: 5% agency services, notary registration. All additional information is provided upon request (detailed description, photo, video presentation, financial statements).
An excellent investment in a NEW Apart-Hotel in the most popular tourist city in Spain!
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- Spain, Costa Blanca, Benidorm
- 0
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.
