Commercial property in Barcelona, Spain, 2 000 m²

Turnkey hotel — 44 rooms in Ospitalet de Llobregat

Total area: about 2000 m2

License: in the process of obtaining (the application is in the process of submission)

Type of delivery: "turnkey"

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Possibility of control (optional)

It is possible to attract a trusted hotel operator who guarantees stable and professional work.

Financial conditions (managed by the operator)

Guaranteed yield: 6%

Term of the contract: 20 years (final terms will be determined during a comprehensive audit)

Rent: 39,500 euros + VAT per month (474,000 euros + VAT per year)

Deposit: the equivalent of annual rent (474,000 euros)

Payment method: a single annual payment made from January 10th to January 20th

Initial payment: in advance for the first year of the lease

Property Tax (IBI): paid by the tenant