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€ 12,000,000

Luxury Hotel for sale in Cadiz, Spain

€ 12,000,000
7,720 m² 110

Description

4★ Hotel on the Cadiz Coast with Stable Operations

A four-star hotel is up for sale, located in a privileged enclave next to the riverbank and very close to one of the most renowned beaches in the area. The establishment has 101 exterior rooms, many of them with open views of the natural surroundings of the bay. The location allows access to the beach on foot and is a short distance from the historic center, guaranteeing both vacation and cultural tourist appeal throughout the year.

The hotel offers spacious facilities, including a restaurant, several event rooms, a café bar, an outdoor pool, and a sun terrace. In addition, it has a rooftop with bar and restaurant service that adds experiential value for guests. During 2022, significant improvements were made to rooms and common areas, with an approximate investment of €1.3 million, allowing for operation without the need for additional CapEx in the short term.

There is an approved project to add 10 additional rooms in the rooftop area, with a license expected to be obtained during the summer of 2023.

The asset is operated by a well-established hotel operator under a lease agreement with guaranteed duration and compliance, as well as a guaranteed minimum rent and CPI indexation. The agreement includes corporate guarantees and a bank guarantee, providing stability and security of income for the owner.

An investment opportunity with size, strategic location, tourist visibility, and an established operating model in one of the areas with the greatest tourist potential in Andalusia.

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Details

Bedrooms:
110
External size:
7,720 m²
Size:
7,720 m²
Floor Count:
4
Reference:
EH136

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