Spain
Costa del Sol
Apart-hotel 800 m from the beach
A building of 2500 m2 with tourist apartments, acting as an apartment hotel, in the city of Malaga, 200 m from the railway station and 800 m from the beach.
34 apartments: 9 apartments with 1 bedroom, 13 apartments with 2 bedrooms, 8 apartments with 3 bedrooms, 4 apartments with 4 bedrooms.
The building is leased to a hotel operator.
Rental income: 35,000€/month (6% per annum)
Price: 7,000,000€ + 2% agency commission