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Hotel - €1.3M (£1.14M)

MAJOR CALVIA BEACH RESORT HOTEL!! GENUINE BARGAIN! MAGNIFICENT

Location: Calvia, Mallorca
Property Ref: nlm22

MAJOR CALVIA BEACH RESORT HOTEL!! GENUINE BARGAIN!


MAGNIFICENT condition, open and running, 100% bookings right to end october!!

36 lovely rooms, BIG swimming pool plus kiddies pool, 5 min walk to beach,

Beautiful industrial kitchen, restaurant, bar, sun terraces, TV room, fireplace in restaurant, reception, office, TV and bath in rooms, SAT TV of course,

LARGE rooms, some are triples and sleep 4 or 5!!tropical gardens, parking, good views, and VERY GOOD PRICE!II

BARGAIN PRICED AT 1.3 million euros!!

IMPORTANT NOTE:OWNER WILL LEASE BACK THE HOTEL FROM THE BUYER for 10 years paying NET 8,000 Euros a MONTH!! ( Plus VAT and it goes up according to the cost of living each year!) Owner then will run the hotel and carry out some REFORMS in the rooms to modernize them even more - AT HIS EXPENSE!!! This proves that the biz is a profitable one!!

There is a BANK LOAN of 660,000 euros in place!!! SO the buyer could take over the bank loan, and pay only 640,000 E cash!!
Hotel is in a Sociedad Limitada company and you save taxes on the shares purchase.

If you do not want to rent the hotel out, no problem, you can buy it and run it yourself! NO TOUR OPERATORS therefore no commissions or low prices he does!! Current owner simply advertises in 4 newspapers and internet!! Full bookings most of the year! Well established and well known!!

I have a brochure with fotos......its a genuine bargain!!

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Note: The exact prices are quoted in Euros (€). The £ price is for guidance only based on : € 1.14 = £1.00.

Disclaimer:
The particulars on this website do not form part of any contract. Neither Euro Business Consultants nor any of its partners, employees or agents is authorised to give or make any warranty on behalf of any party. Whilst information and particulars are given in good faith, intending buyers/tenants must satisfy themselves independently as to the accuracy of all matters on which they rely upon. All negotiations are subject to contract.