Hotel in Granada

800.00 sq.m., 23 bedrooms

€ 800,000

Description

Hostel two stars, in Motril (Granada).
The area of the building is 800 sq. m. 22 rooms + another room with 6 beds, on the ground floor, can be transformed into an additional room. Reception, small lounge with kitchen, dining, independent restaurant, restaurant with an area of 280 sq. m., with open private terrace of 45 sqm Large rooms with a TV, air conditioning and a bathroom. There is also a large roof terrace with an area of approximately 700 sqm with a nice view of the port.
Motril is a city and municipality in Spain, part of the province of Granada, part of the Autonomous community of Andalusia. The municipality is a part of the district (Comarca) Costa tropical. Distance — 74 km to the administrative center of the province. Tourists come here to relax on the world-renowned beaches and enjoy the friendly warm sea. This region is known for its developed industry and agriculture. Sugar cane has long been grown and processed here.
The hostel is located 300 metres from Poniente beach, next to the port.
The cost of the hostel is 800 000 euros. The hotel is functioning. There is a management company. Yield - 5 % per annum. The average occupancy rate of 80-85 %. The documents are ready to deal. Additional information is available upon signing the LOI and NDA potential acquirer.

Property Details

Floor: 36
Close to: Sea
Number of premises: 27
Currently functioning: 1
Ownership type: Proprietary
Payback period: 5 %
Year of construction: 1996

Location Granada

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