Land buy in Tarragona Catalonia

New Hotel Project & Construction Costa Dorada (Northeast Spain) Details Plot Size (m2)28,154 Floor space (m2)14,077 Features Access to National Grid Agricultural land Building Plot Investment Opportunity Location - Corner plot Location - Exclusive Location - Increasing in Value Location - Near Beach Location - Near Golf Course Perimeter Fence Trees - Olive Views - Partial Sea Water Well With building licence With Hotel Licence With Project Exclusive Luxury Hotel Project in Spain Luxury hotel project in Spain. The licence has been agreed in principal and will take 6 to 8 months to be processed. We are taking enquiries in advance of approval with the option for you to secure your acquisition ot the opportunity with a deferred payment plan based on receipt of the licence. Meantime the construction company are ready to get started and we are working with them to prepare a construction timeline. Fantastic resort for family hollidays and it aims at being one of the best, most profitable resorts of family entertainment in the heart of the Costa Dorada. It also offers the possibility of building the first senior resort in the heart of the Costa Dorada, with houses and facilities suitable for older people (from 55 to 80 years old), with an operating model of vacation or lifelong rental, and with services of high performance. Description of the Land The plot is 800m from the best beaches in the heart of the Costa Daurada. It is a nearly flat plot of land, square-shaped with a good, non-rocky land for agriculture. Two thirds of this plot of land have a planting of over 700 olive trees, native to the Mediterranean. It benefits from its own service of water supply coming from a legalized underground well and has a low-voltage electrical supply (220VA- 360VA). Important to note there are sea views from a low height of elevation. In addition, this plot is well connected for road and rail transportation. Investment Options Licenced project and plot without construction - 2,610,000 Licenced project and plot and construction of 4 * Hotel 276 rooms - 32,500,000€ Turnkey project with staged payment plan Licenced, development and project managed construction of a 4* Hotel Resort of 276 rooms (30 and 40 m²), capacity for 850 hotel beds 10 year guarantee included All required contracts, guarantees and warranties in one place provided by the developer Consisting of 8 ground floor + two floor buildings and a main building with pools, gardens, parking and sports area. The profitability that this new Hotel-Resort will offer in rent will be around 8% The profitability of the operation of this new Hotel-Resort will range between 7% and 12%, with an ADR of over €91 and a RevPar of €65 in the area. Offers an Annual Gross Rate of Return of between 7% and 10% Licenced project and plot and construction of 4* Senior Resort 162 apartments - 28,016,343€ Licenced plot for the construction of a Four-Star Hotel Resort of 162 Apartments (60 m² and 100 m²). Developer can project manage for the investor but the investor will source and manage all other suppliers including their contracts, guarantees and warranties from all providers employed by the investor Annual rental yield 8% Annual profitability of the Operation Rental 8.5% to 12% Optional Extension of Plot The purchase of the neghbouring plot for hotel use can also be considered. This is a 76,000m2 plot with a buildable area of 38,000m2.