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14 630 000 €

Hotel in Valencia, Spain, 4 500 sq.m

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  • Hotel in Valencia, Spain, 4 500 sq.m - picture 1
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  • Hotel in Valencia, Spain, 4 500 sq.m - picture 17
  • Property ID on Prian.info: 3523160
    Last update: 14.02.2024
    Number of views: 3081

14 630 000 €

Hotel in Valencia, Spain, 4 500 sq.m

4500 sq.m
Credit

  • Property ID on Prian.info: 3523160
    Last update: 14.02.2024
    Number of views: 3081

Specifications

Sale price 14 630 000 €
Price per square meter 2 952.67 €
Floor area 4 500 sq.m
Construction phase Resale
Number of storeys 7
Address Spain, Valencia
Location within the city

Finance

Crediting assistance

Description

The investment project for sale is a historic building of 7 floors (81 rooms), located 200 m from Ajuntament Square, in the heart of Valencia.

Characteristics of the turnkey object:

- the project has a 4* hotel license;

- the total area of the building is 4,500 m2;

- 7 floors and 81 rooms;

- 300 m from the railway station;

- 250 m to the metro station;

- Olimpia Theatre 50 m.

The exclusivity of the project is that today the Valencian Community does not issue licenses!

The cost of a building with a license is 13,287,000 euro.

Additional renovation costs from 4,000,000 to 5,000,000 euro.

The final cost after repair according to a preliminary estimate is 30 000 000 euro.

The yield is more than 9%.

The investment project for sale is a historic building of 7 floors (81 rooms), located 200 m from Ajuntament Square, in the heart of Valencia.

Characteristics of the turnkey object:

- the project has a 4* hotel license;

- the total area of the building is 4,500 m2;

- 7 floors and 81 rooms;

- 300 m from the railway station;

- 250 m to the metro station;

- Olimpia Theatre 50 m.

The exclusivity of the project is that today the Valencian Community does not issue licenses!

The cost of a building with a license is 13,287,000 euro.

Additional renovation costs from 4,000,000 to 5,000,000 euro.

The final cost after repair according to a preliminary estimate is 30 000 000 euro.

The yield is more than 9%.