Hotel in city Palma de Mallorca
90000.00 sq.m., 1056 bedrooms

€ 180 000 000

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Spain. Palma de Mallorca. Hotel-entertainment complex to 1056 rooms.
The beach is 100 metres away.
- Land area: 46 000 m2, where:
• 1056 apartments completely renovated in 2017.
• Pools.
• Water Park for children and adults
• Beach club 4000 m2
• Disco 10,000 m2, where every day come 3000. This is the 4th largest disco in Europe with the highest capacity in Europe
• In the pool every day organizes festivals
Annual revenue in 2017 11 000 000 Euro after taxes. Revenue was modified after the implementation of the reforms of the hotel
The annual workload of 90%.
In the winter months, between November and March, the hotel complex is closed, but the new algorithm can increase the profit. ( concerts, festivals, etc.)
The complex is sold without the hotel operator
PRICE:
180 000 000 € - Hotel complex with a disco
150 000 000 € - Hotel complex without disco
Additional information is available after signing the LOI.
There is a choice of apartments and houses in various budget, including commercial facilities.

Seller information

Seller type Agency
Company YouLand

Location of the property on the map

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