2* Hotel, 60 rooms, on the beach

Description

Sale of 2* Hotel, 60 rooms, on the beach in Spain!

Location: 200 meters from the central beach in the city of Gandia, province of Valencia.
Hotel area: 1.897 m2
It consists of 60 double rooms for 120 people, a restaurant with its own kitchen, laundry, reception.
6 floors, lift.
All rooms have their own bathroom, air conditioning, TV.
Booking.com score 8.7
The hotel is in good condition, does not require renovation.
Annual occupancy 80%, annual turnover 550.000 euros.
Cost: 2.6 million euros.
The price does not include: 5% agency commission.
It is possible to finance the purchase by the bank at 50% of the cost at 2.5% per annum.
Selling due to owner’s retirement.
Excellent profitable business near one of the best beaches in Spain.