Hotel in Granada

€ 10,000,000

Description

Palace of the 18th century, with the creation of the hotel project "five stars", in Granada.
The palace is a neo-classical monument built in 1780 by order of the Archbishop of Granada, Jose Manuel Mososco y Peralta. Palace and the beautiful garden was used by him as a country residence. In the palace are preserved remarkable frescoes, describing the exploits of Don Quixote.
Palace is offered with full licensed construction project of the hotel the "five stars", with 80 rooms, suite, an indoor swimming pool, SPA, meeting rooms, restaurants, underground parking for 132 cars. Additional costs for this project amount to EUR 7 000 000. They include the reconstruction of the palace, garden, new construction and additional works. Total cost will be 17 million euros, which will be in the ownership of unique and prestigious hotel the "five stars" in Granada. The variant of the lease. Palace Square - 2 560 sq.m., the area of ​​the new building - 9028 sq.m. Total: 10 588 sq.m. The land area - about 10 560 sq.m.
The palace is located in the village of Viznar, in the north-east of Granada, just a 15-minute drive from the Alhambra. In this village I was born the famous poet Frederico Garcia.
The project cost - 10 million euros + commission fee of 5% of the cost (+ renovation costs in the amount of 7 000 000 euros). The documents are ready to deal. Additional information is available upon signing the LOI and provide P.O.F. bank investor.


Property details

Floor
3
Guard
1
Number of premises
100
Ownership type
Proprietary
Payback period
12
Year of construction
1780

Location

Granada

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