Commercial in city Torrevieja
300.00 sq.m., 5 bedrooms

€ 555 000

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The current mini-hotel Bed & Breakfast

Commercial property in Spain. For family reasons, for sale an interesting variant of the mini hotels on the Costa Blanca. The hotel operates on the international system "bed and Breakfast". The hotel is situated on the Costa Blanca in one of the main tourist cities of the region — Torrevieja (Torrevieja). According to the National statistics Institute (Instituto Nacional de Estadistica) on the Costa Blanca, from January to August 2018 it was visited by 5 million foreign tourists. The occupancy of hotels was 87%.

The hotel is a detached Villa in a Mediterranean style, 300m2. The house has 5 rooms, two of which with EN-Suite bathroom. Shared kitchen with all integrated appliances and furniture. Spacious lounge with fireplace and dining room. The terrace has a Jacuzzi. The land area of 800m2. Lovely swimming pool and equipped areas with sun loungers and parasols. The rooms are equipped with air conditioning.

In the presence of all the necessary tourist licences and documentation. Provided accounting statements. The current legal business in Spain. The hotel has an excellent reputation, and most importantly loyal customers. In addition, the hotel cooperates with world portals rent: booking, tripadvisor, airbnb, etc.

The cost of 555.000€

It is possible to obtain a mortgage loan on beneficial terms for the Spanish Bank. Sample conditions: loan amount up to 50-60% of project cost under 2.9% per annum for a period of 15-20 years, with the possibility of early repayment. Rent will cover mortgage payments.

Location of the property on the map

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