Hotel For Sale
€13,200,000
Madrid, Madrid, Spain
Listed By: Nord Investment
Listed On: 06/20/2023
Listing ID: GL3614368
Description
The hotel is three stars, with high yield, in Madrid. The hotel has 90 modern, spacious rooms with free Wi-Fi. Restaurant, private parking. Conference halls. Terrace on the roof. The hotel is located near the center of Madrid and 10 minutes drive from the airport. The cost of the hotel is 13,200,000 euros + commission, in the amount of 1% of the cost of the facility. Profitability - 9.5% per annum. Gross Operating Profit - 52%. Occupancy rate is 87%. The cost of the room is about 147 euros. You can purchase without an operator. The documents are ready for the deal. Additional information is provided upon the signature of the LOI by the potential acquirer.
