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We offer sale of a building in the historic center of Cádiz, of 525 m2 completely restored 4 years ago and converted into an Aparthotel of 7 luxury tourist apartments and restaurant.
Rented to a hotel management company, with a mandatory contract, guaranteed by the tenant company itself, the personal assets of the partners of this company and a mortgage on a house valued at € 300,000, 19 years of contract remain.
All maintenance expenses, fees, taxes and any unforeseen future expenses are paid by the lessee. leaving the full rent as the owner's net profit.
The reviews and comments of the aparhotel and restaurant on the internet are excellent. The lessee is penalized, in the contract itself, if it lowers the business rating.
The purchase is € 1,475,000 and the net profitability is 6%.
More information and visits is possible, but we require complete identification of the interested party and the signing of a confidentiality agreement.
If you are interested or think you might be interested, get in direct contact with Mr. Mariano Fernandez, marianos
Offered through B4GS, Business Broker in Spain since 2009 we work to achieve the success of our selling and buying clients. All inquiries are welcome.
Real Property Included
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