4 Star Hotel On The First Line From The Sea


Listing ID: 700348232

Listing Title: 4 Star Hotel On The First Line From The Sea

Quick Link: http://www.globalbx.com/listing.asp?bId=348232

Industry: Hotels and Holiday Accommodation

Industry Segment: Hotels

Country: Spain

State / Province:


City: Almeria

Asking Price Range: $20.0M - $35.0M

Gross Revenues: Seller Will Provide

Cash Flow: Seller Will Provide

Cash Flow Type: EBITDA

Year Established: 1989

Number of Employees: 20 - 34

Business Description:
Four star hotel, on the first line from the sea, in Almeria. The hotel has 281 rooms. 15 separate rooms, 146 double rooms, 84 studios, 31 apartments, 1 Junior Suite, 4 suites. Land area: 25,700 sq. m. hotel Area: 13,758 sq.m. built in 1989. The year of the last reconstruction is 1999. On site: disco, garage, outdoor swimming pool, indoor pool, terrace, Solarium, restaurant, shops. Almeria is a city in South-Eastern Spain, in Andalusia. The city is located in the South-East of the Spanish coast of the Mediterranean sea. The length of the coastline of Almeria is more than 30 kilometers. The coast includes more than a dozen beaches, almost for every taste. Almeria international airport is a 10-minute drive from the city. It has regular flights and charters from London, Birmingham, Manchester and other European cities. Trains and buses connect Almeria with most major cities in Spain and Andalusia, including Malaga, Granada and Seville. The hotel is located in the coastal area of Almeria - Vera Beach. Almeria airport is 8 km away. The distance to Murcia airport is 142 kilometers. Alicante airport is 221 km away. The cost of the hotel is 22,400,000 euros. The yield is 6 % per annum. There is a management company. The documents are ready for the transaction. Additional information is provided upon request and upon the signing of the LOI by the potential acquirer.

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