Three Star Hotel With Low Cash Deposit Required For Sale

Business description

A superbly located 37 bedroomed hotel directly on the beach in the famous and well known resort of Torremolinos is offered as a freehold and is exclusive to our company.
It would be hard to imagine a better position for a holiday hotel with the majority of rooms having terraces overlooking the beach and promenade walkway and having all day sun.
Open all year with high season prices at 99 euros per night and winter charges at 48 euros nightly.
Totally reformed and decorated in 2006 the hotel has an attractive reception area, indoor garden patio, and fully fitted laundry room, 37 rooms each with Satellite television, air-conditioning and telephone.
In addition to guest bedrooms there is an owner’s suite with American style kitchen and large terrace.
The hotel has four floors with modern lift facilities also a massive Roof Terrace with fantastic views and this would be fantastic as a roof top restaurant or bar.
Offered at 3,995,000 Euros with possible finance of 60% over 15 years to qualified clients.

Property information

Real Estate:

Real Property Included

Living accommodation:

Owners large self contained apartment with large terrace overlooking the beach.

Location:

Absolute front line directly on the best beach of the resort!

Other information

Financing available:

60% on bank valuation over 15 years to qualified client.

Contact the seller