Hotel in Calvia

10000.00 sq.m., 230 bedrooms

€ 23,000,000

Description

Hotel 70 meters from the beach, in Calvia (Mallorca).
The three-star hotel. The total area is 9,400 sq. m. 230 rooms, 4 rooms are adapted for people with disabilities. Restoration works are carried out every year, which allows the hotel to be in excellent condition. Bar, restaurant, TV lounge, hot water pool, children's pool, outdoor Parking, children's area, conference room, garden and Solarium. A Golf course is 2 km away. All installations, equipment-air conditioners, refrigerators, kitchen, electrical installations, pipelines and drinking water installations, as well as Sewerage-are new and in excellent condition.
Calvia is a municipality in Spain, part of the province of the Balearic Islands. It is located in the West of the island of Mallorca, in the Sierra de Tramontana mountains. The municipality is part of the district (Comarca) of Sierra de Tramontana. The distance to the administrative center of the province is 24 kilometers.
The cost of the hotel is 23 000 000 euros. It is planned to upgrade the hotel category to the level of 4 stars. The cost of reconstruction will be 3 000 000 euros. The documents are ready for the transaction. Additional information is provided upon the signing of the LOI by the potential acquirer.

Property Details

Floor: 5
Guard: 1
Close to: Sea
Number of premises: 270
Currently functioning: 1
Ownership type: Proprietary
Payback period: 6%
Year of construction: 2004

Location Calvia

Similar Properties