Commercial Building For Sale

Picture of Commercial Building For Sale in Marbella, Andalusia, Spain

€50,000,000

Marbella, Andalusia, Spain

Listed By: Nord Investment

Listed On: 04/14/2023

Listing ID: GL673623

Description

A four star hotel in the center of Seville.The hotel has 350 rooms. 3 restaurants, swimming pool, 8 halls for all kinds of celebrations with a capacity of 600 people. The hotel is in excellent condition.Sevilla is a city in the south of Spain with a population of 700,000 inhabitants. It is the capital of the autonomous community of Andalusia and the province of Seville. The municipality is located in the district (komarki) of Greater Sevilla. According to legend, it was founded by the Greek hero Hercules. Seville is the fourth most populated city in Spain, a major industrial and commercial center, as well as a tourism center. Located on a fertile, well-developed plain, on both sides of the Guadalquivir River, which is navigable to Seville as well as for sea-going ships.The hotel is located near the airport and the train station.The cost of the hotel is 50 000 000 euros. There is a mortgage loan amounting to 38 000 000 euros. The management company will provide a yield of 7% per annum. The documents are ready for the deal. Additional information is provided upon the signature of the NDA by the potential acquirer.

Source: The World Property Journal

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