Property Detail

Hotel 4* in Granada for Sale with 120+ Rooms, Long-term Lease Agreement

Hotel 4* in Granada for Sale with 120+ Rooms, Long-term Lease Agreement

Property type: hotel
Purchase of established rental business

Hotel category: 4*

Room capacity: 120+


Construction year: 1965
Complete renovation: 2009

Hotel area: ca. 9,600 m2

Location: Granada, Southern Spain
• city centre location
• excellent transport accessibility – near the train station, just 20 minutes’ drive of the international airport

Hotel operator is a hotel chain

Hotel operator: long-term lease agreement

well-known hotel operator is ready to sign a new long-term lease agreement with the new owner:
• with the possibility of a renewal option
• with indexation of yield linked to inflation
• with a bank guarantee
• hotel can only be purchased with a sitting Hotel operator in place

Purchase price: 10,500,000 EUR
(+ closing costs)

Rental Income: 628,000 EUR per annum
(+ index linked to inflation)

Yield: 6.0% per annum

Amenities and other defining features:

• modern guest rooms with personal bathroom, hairdryer, satellite TV, air conditioning, desk
• restaurant
• bar
• conference facilities
• SPA centre
• gym
• outdoor swimming pool
• on-site car parking
• free Wi-Fi
• 24-hour front desk
• luggage storage
• laundry service

Property Contact

If you are interested in this property and would like to receive more detailed information, please get in touch using the enquiry form below and a company representative will contact you shortly.

[ Note:
- fields marked * are necessary to fill
- telephone should include International Prefix]

http://www.brantstone.com/property/hotel-for-sale-in-granada-spain-07013538 07013538 Hotel 4* in Granada for Sale with 120+ Rooms, Long-term Lease Agreement