Investment Projects in Spain
Hotel by the sea in operation and with a very good occupation - YIELD 8% PY
A great Business Opportunity Hotel in Santa Pola opened since July 2018, brand new, very well located just 300 meters from the seafront, is currently in operation and with a very good occupation. The Hotel has 250 sqm on the ground floor and first with elevator and has 6 rooms + another that by regulations appears as a boardroom. All rooms have bathroom with shower, plasma TV, air conditioning.
Total Area - 300 m2
Property status - enter to live
Levels - 2
Double bedrooms - 7
€ 450 000
Business with high profitability - 7% per year
Student Residence for sale in Alicante, with High profitability with possible exploitation of 12 months. Ten months with students and two summer months with tourists.
The benefits for rentals to students are around € 140 000 per year plus income from drink and sandwich machine, electricity (students are charged but there are solar panels and there are no expenses). Profitability is above 7% with plenty of room for improvement.
Apartments 60 units with possibility of expanding with 40 more apartments.