3 Star Hotel

photo of Noel Lynch
Noel Lynch
Euro Business Consultants (Spainproperty.Net Ltd)
6 Chadworth Ave
Solihull , B93 8SR
00441564 770383
00441564 770383

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Btme Miguel Cienda.
Palma, Balearics 07015 , ES
EUR 9,000,000.00 (USD 11,045,655.38) listing calculator
Status: For Sale
Type: Commercial
Subtype: Hotel

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143 Room Hotel

General Features

List Date:

Exterior Features and Amenities

Walking distance to:
City and Port

Full Description

IMPORTANT NOTE: Dear friend and customer: PLEASE understand that these hotel owners DO NOT want too much information and photographs published on the internet.
GENUINE HOTEL BARGAIN - OWNER RETIRING AFTER MANY PROFITABLE YEARS of running this fine hotel. THREE STARS situated on Palma´s EAST COAST BEACH area, 143 SPACIOUS rooms, large sitting salons and conference room, as well as a SHOW and Entertainment room, large reception area. Well fitted BUFFET dining room and industrial kitchens, fully equipped, open 7-8 months of the year. ACCOUNTS: 2011 gross income was 800,000 Euros. Short walk to the beach and HARBOUR - SAILING CLUB. Official bank valuation available. 10 Minutes to the Airport. WELL ESTABLISHED over many years. Renovated in 2004. TWO swimming pools including a magnificent ROOF TERRACE pool with absolutely breathtaking views over the whole BAY OF PALMA. Sold fully equipped, staffed and open. Partial finance in place if interested. Owner will work closely with you in order that the changeover is smooth and profitable for you. New equipment installed to help the disabled enjoy the swimming pool areas, including the roof terrace pool. Safe for children, it is a very popular FAMILY hotel. Btme Miguel Cienda.

SALE PRICED TO SELL NOW - 9 million Euros, including tour operator contracts for next year.


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