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Hotel Three Stars In Madrid For Sale

Madrid City, Madrid
Asking Price:
€14,000,000
Sales Revenue:
Available on request
Cash Flow:
Available on request

Hotel three stars, in the center of Madrid.
The total area of the building is 1 953 sq. m. the Hotel was built in 1964 and renovated in 2010. The hotel has 48 beautiful rooms. Restaurant, fitness room, swimming pool, Parking.
Madrid is the capital and largest city of Spain, as well as the administrative center of the province of the same name and the Autonomous community. The municipality is part of the area (komarki) of the Metropolitan area. The largest economic, political and cultural center of the country. The city has a population of 3,273 million (as of 2010).
The hotel is a 20-minute walk from Plaza de españa, in the heart of Madrid. Just 20 minutes 'walk from Madrid city center and 20 minutes' drive from Barajas airport.
The cost of the hotel - 14 000 000 euros + Commission, in the amount of 3 % of the cost. The hotel is sold without an operator. It is possible to provide services to the management company, with a yield of 6 % per annum. The average occupancy rate is 90 %. The documents are ready to deal. Additional information is available upon request.

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