Hotel in Malaga, Spain, 5 200 sq.m

Tourist apartments 3 stars near the sea on the Costa del Sol in Spain.
Building with tourist apartments for sale near Malaga.
The total area of ​​the building is 5200 sq. M. A total of 58 rooms, including 48 studios and 10 apartments. The area of ​​studios is 48 sq.m., apartments are 73 sq.m.
For parking there is an agreement on special prices next to the apartment.
The hotel was built in 1965 and was completely renovated in 2009.
Located in an area with high international tourism potential.
Malaga Airport is 20 km away.

It is possible to sell the hotel on a sale & leaseback basis with a lease contract of at least 6-7 years. The rental amount per year is 300 thousand euros, with an annual increase in the consumer price index.

Return on investment 5%.

An investor's residence permit is free of charge.
Payment of the reserve from the Russian Federation is possible.
Opening a Spanish bank account is possible without being present in Spain.
We will prepare a complete package of documents for submission to the Consulate of Spain for obtaining NIE.