Costa Del Sol 3 star hotel

Avenida Benalmádena,, Torremolinos, AL Spain

$30,385,000

Price

400

Keys

3

Star Rating

Overview
Keys
400
Star Rating
3
Management
Unencumbered
Floor
11
Description

Located in the most popular resort on the Costa del Sol this 11 storey hotel has in excess of 400 rooms and was constructed in 1974, over the years it has been renovated in several phases with an extension, additional facilities and the renewal of furniture.

On Site facilities include a terrace-solarium and swimming pool, restaurant, bars etc.

The hotel has views of the mountains and the Mediterranean sea, the beach is an easy walk being only 700 metres away, Less than 1 km away is a planned commercial & leisure centre

The all year occupation is bordering around 100% as it is a highly valued hotel among tour operators

The hotel has a management company in place & here is the possibility of upgrading the hotel into a 4 * rating.

This property is ideal for an investment company, an owner operator or a hotel group.

Priced at below valuation
€26.500.000

Highlights
  • Nearly 100% annual occupancy
  • In one of the most popular tourist areas of Spain
  • 10 minutes from Malaga International airport
  • 70 golf courses on the Costa Del Sol

Location
Gallery