Property Details

Small hotel in Madrid center with reduced price - Spain

  • IMG_4629

Property ID : 1559

Off market sale €1,450,000 - Hotel
11 Bedrooms Print

Price reduction for the quick sale of this new hotel in the very center of Madrid to 1.45 million Euros,

– profitability of 6.2%.

– Consists of 11 rooms

– 2 years ago put into operation

–  The hotel is 600 meters from Madrid Atocha Central Station.

–  Leased to a hotel chain for a period of 10 years with a guarantee of payment of 90 000 Euro per year.

– Booking customer rating 8.9

– Bank financing for 750 000 euros at 1.9% per annum.

 Price 1.45 million. Euro + 5% buyer fee

Disclaimer:

Property descriptions and related information displayed on this page are marketing materials provided by the Vendor/ Developer of this property. We have made all efforts to provide accurate information, however please enquire about this property in order for you to obtain most recent information, as well as latest prices and availability!
Commissions: There is agency commission of 1-3% of the purchase price depending on the particular property and price range.
Stamp duty: Notary fees, stamp duty and local taxes may vary depending on the location of the property and type of transaction.

Features

  • Affordable
  • Capital appreciation
  • Fully furnished
  • Wifi
  • Wood floors

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