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4* Beach Hotel Benidorm with fire damage

Benidorm, Spain

Property ID: 87
Viewed 3817 times

Details

Price
17 500 000 EUR
Type of investment
Hotels
Location
Beach
Living Area
12280 m2
Plot Size
2100 m2

Description

The hotel

The hotel is a four star hotel, is the best point on the Spanish coast in Benidorm, even in the best part of town. Closest to the beach of all Spanish hotels. The distance from front door to beach is only six meters.

The hotel has 233 double rooms, plus 16 one person rooms.

Feature: terrace, full bathroom, hairdryer, air conditioning hot-cold, telephone, television via satellite, fire cabinet.

  • Underground parking and storage
  • Five residential floors
  • three elevators
  • A service / goods lift at the back
  • Rooftop pool with catering facilities and rooms

Plot 2100 m2.
Total m2 floors 12.280 m2.
Width at the coast 46 meters.
Length of coast to back 62 meters.
Rear width 27 meters.
The building is on three streets pretty well spaced on the adjacent plot.

The hotel maintenance.

The hotel is privately owned. It was leased to four years ago. The tenant had no means to buy and the owner will not rent, exclusively. The hotel was in many organizations package and had a high occupancy rate.

The hotel is dated, but functioned well.

In October 2015 there was a short circuit on the first floor. Drawings for renovation are available, it is an insurance issue.

The hotel is run in three blocks as shown, and free from the nearest buildings. The municipality Benidorm would like to see the hotel open again and is also contributing on new construction.

Possibility of extension up to 400 rooms.

Given the upward trend of tourism to Spain, Rooms deficit in Benidorm, safe climate, its location next to the sea, the plot size and detached and seniors who are looking for this climate, this hotel / object is definitely interesting.

Procedure

The asking price is EUR 17,500,000 plus commission.

After an NDA more information is available.

ADDITIONAL INFORMATION

  • CHARACTERISTICS
  • Swimming Pool
  • Basement
  • Clima
  • Elevator
  • Parking basement
  • Alarm system
  • CONDITION
  • Renovation necessary

Map

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