Other buy in Benidorm Valencia

Approximately 25M euros is required to purchase this fabulous hotel located in Benidorm! 7.5% guaranteed yield. The contract comes with a 25-year lease which includes a 15-year exit penalty should the management company withdraw their services before the end of their lease guaranteeing the investment paid. The tour operator who wants to manage the hotel on a 25-year lease is willing to sign a pre-contract GUARANTEEING they will lease the hotel for at least 15 years. They are the number 1 tour operator in 5 continents. The tour operator will fit out the hotel and maintain it, the investors will not have to pay anything in regard to the upkeep of the hotel. The return over the year will be at LEAST 7.5% yield. The tour operator will pay a yearly fee to the investor. No other costs on top of the initial investment. The investor will have a big say in how the hotel is built, i.e. how many rooms – obviously more rooms equal more earning potential, but if they want to leave it up to the developers they also have this choice as well. Currently, with 174 planned rooms (the investor can build higher if they want to), a rooftop restaurant and cocktail bar, a pristine location, and a modern build, this hotel will stand out as a beacon of style and luxury. With a proven management company already offering their tender to run the Hotel, this investment will reap benefits straight away once completed. The architect who has designed the hotel is actually the official architect of Benidorm, therefore all plans have already been approved. There is a lot of interest in this project, therefore if you have an investor in mind I would urge you to act swiftly. An NDA will be required to know more about this hotel. Features Features: Air Conditioning Balcony Concierge Furnished Garage Gym Parking Pool