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5 Star Hotel On The First Line From The Sea

Location  Spain
Asking Price Range  $10.0M - $20.0M
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  1999
Number of Employees  10 - 19
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Owned

Description  
Hotel five stars, on the first line from the sea, on the Costa del Sol. The hotel is in good condition. Costa del Sol - Sunny beach - the southern region of Spain, located in the Autonomous community of Andalusia and includes the coastal towns of the province of Malaga. Thanks to a mild to warm climate with an average annual temperature of 19 C Costa del Sol has gained popularity as a tourist destination in Spain, which accounts for 35 % of tourism business Andalusia. The development of international tourism in the coastal zone of the province of Malaga started in the 50-ies of the 20th century, providing economic and demographic growth in this part of Spain. Costa del Sol is the most southern Mediterranean resort of the country. Located between the other coasts of Costa tropical and the Campo de Gibraltar. Once consisting only of a series of small fishing settlements, the region has been transformed in the mid-twentieth century in tourist resorts. The region includes cities such as Malaga, Torremolinos, Benalmadena, Fuengirola, Mijas, Marbella, Nerja, Estepona, Manilva, Torrox. Costa del Sol is a popular tourist region, which receives millions of tourists every year. They usually arrive at the airport and the port of Malaga, and followed by numerous towns and villages along the coastline from Gibraltar in the West to Nerja in the East. The cost is estimated at approximately 23 000 000 euros. Price sale - 15 000 000. The auction is possible. Documents are ready to deal. Additional information is available upon request, subject to the provision of LOI and NDA potential investor.


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