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Distressed Sale Boutique Five Star Hotel In Mallorca For Sale

Mallorca, Spain
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At Greenpoint Commerical Property we are pleased to bring this opportunity exclusively to the market.

The property is based on one of the most beautiful parts of the Island on the West Coast. The Hotel has been closed for a number of years so therefore in need of a full refurbishment. An estimated cost of this would be approx €1m...Value once completed would be in the region of €4m-€5m offering a fantastic return.

The Hotel has 15 large suites, all with terraces, 2 restaurants as well an outdoor pool. The building itself is a large beautiful old stone building with spectacular views.

The price is €1.7m and is non-negotiable

The current seller is looking for a quick sale so we are ideally looking for a cash buyer. Serious inquiries only and proof of funds will be required

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