Hotel in Rincon De Loix, Alicante, Spain 11 bedrooms, 447 sq.m. No. 70105

Property description

New Apart-Hotel in Benidorm, Spain – € 1.8 million, 7.5% profitability!
Location: Benidorm city center, 80 meters from the beach.Hotel with a total area of 447 m2. It consists of 11 apartments, each with its own kitchen, living room, bedroom, bathroom, balcony overlooking the city.Independent building with 3 floors, reception, elevator.It will be put into operation in June 2020. It meets all the municipal criteria; It has all the necessary permits and licenses.The Hotel can be leased by a managing company with payment of € 135,500 per year to the owner, which corresponds to a yield of 7.5%.Bank financing is possible from € 900,000 at 1.9% per year for up to 15 years.Price: € 1.8 millionThe price does not include: 1% agency services, payment of notarial services.

A great investment in a new Apart-Hotel in the most popular tourist city in Spain!