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11 Existing Hotels Sold Together

Location  Spain
Asking Price Range  > $35.0M
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  1990
Number of Employees  > 200
Relocatable  Not Disclosed
Number of Employees  > 200
Real Estate  Owned

Description  
11 existing hotels that are sold together, the Islands of Mallorca, Menorca, Tenerife, Gran Canaria and in Andalusia. 1) a three-star Hotel on the island of Gran Canaria, Canary Islands. 443 rooms. In the hotel: bar, restaurant, swimming pool. 100 meters to the beach, 25 km to the airport. 2) a three-star Hotel on the island of Gran Canaria, Canary Islands. 13 apartments, 100 metres from the beach, 25 km to the airport. 3) four star Hotel on the island of Tenerife. 190 rooms. 100 meters to the beach, 30 kilometres from the airport. The hotel was renovated in 2006, features a restaurant, bar, pool. 4) the Hotel four the stars on the island of Tenerife. 225 rooms, restaurant , bar, pool, near the sea, 30 km to the airport. 5) four star Hotel on the island of Tenerife. 116 rooms, restaurant, bar, pool, fitness club. 100 meters to the sea, 43 km from the airport. 6) a three-star Hotel in Palma de Mourka, on the island of Mallorca. 140 apartments, restaurant, bar, pool, near the sea. 7) the Hotel two stars in Andalusia. 73 rooms, 20 meters to the beach. 8) a three-star Hotel on the island of Mallorca. 113 rooms, restaurant, bar, swimming pool, 200 meters to the beach, 60 km to the airport. 9) a three-star Hotel on the island Mallorca. 139 rooms, restaurant, beach bar, swimming pool, near the sea, 50 minutes to the airport. 10) four star Hotel on the island of Mallorca. 235 rooms, close to the beach, 50 minutes from the airport. 11) four star Hotel on the island of Menorca. 148 rooms, first line from the sea, 10 minutes to the city center, 50 minutes to the airport. In the hotel: restaurant, bar, swimming pool, tennis courts. Hotels are sold in one lot and debt-free. Bank property. Very interesting investment proposal! The cost of the lot - 28 000 000 euros. The auction is possible. The market value of all of the hotels is approximately 200 million euros. Documents are ready to deal. Additional information is available upon request.


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