Industrial buy in Cala Millor Balearic Islands
Aparthotel of 3 stars for sale. Privileged location in front of a quiet beach in Mallorca. Only 500 meters from the city center with numerous shops, bars, and restaurants. Only 3 km from the famous Cala Millor, 15 minutes drive from the spectacular Caves of Drach, and 1 hour from the international airport and the center of Palma de Mallorca. There are 100 apartments and studios with private balconies and well-equipped kitchens, totaling 177 hotel places. As well as an outdoor swimming pool, cafeteria and restaurant buffet with air conditioning, gardens of 800m2, and a children's playground. The hotel is in acceptable condition, renovated in January 2016. Needs Capex on the facade and some updating. Sale without an operator. There is an operator offering a guaranteed return of 6% with a minimum 10-year performance requirement. * The photo does not correspond to reality.