80 rooms - 15 suites and 3 suites. In 2014 the hotel was renovated and is in excellent condition. Occupancy during the year is an average of 80 %. A management company. According to the contract the payment to the owner is 285 000 euros per month.
Madrid is the capital and largest city of Spain, as well as the administrative center of the homonymous province and of the Autonomous community. The municipality is located in the area to the East of area Metropolitana. The largest economic, political and cultural center of the country. The population of the city 3,273 million residents (as of 2010). The city is located in the Central part of the Iberian Peninsula. Great Madrid is a Metropolitan area of 1.2 thousand km2. The city itself is located in an area of 607 km2 and consists of 21 administrative districts. A major transport hub (rail, high-speed highways, one of the largest airports in the world).
The cost of the hotel is 55 000 000 euros. The documents are ready to deal. Additional information is available upon the signing of the LOI and NDA potential acquirer.
Asking Price Over $20,000,000
Sales Between $50,000,000 and $100,000,000
Profit Available On Request
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