Hostel for sale in Mijas

Hotel site, with building plans in Mijas Village. This area is increasing in popularity among local and foreign turism, and it only has two hotels. Mijas village is only a fifteen minute drive away from Fuengirola and its beaches. The building plans are made for a four star hotel, with 120 double bedrooms. The plot has a total of 5000m2 and the price per square metre is 2209€.

For more information on this A Hostel for sale in Mijas, Spain please fill out the quick enquiry form on the right ->

Property Details

• Reference: COMM613

• Price: € 2,314,000

• Town: Mijas

• Commercial Type: Hostel

Spanish Property Description

Terreno para la construcción de un hotel, con planos hechos y aprobados. Ubicado en Mijas pueblo. Este pueblo está creciendo cada vez más como reclamo turístico nacional e internacional, y tan solo tiene dos hoteles en la zona. El pueblo está a tan solo quince minutos en coche de Fuengirola y sus playas. Los planos estan aprobados para un hotel cuatro estrellas con un total de 120 habitaciones dobles. El terreno tiene un total de 5000m2 y el precio por metro cuadrado es de 2209€.

Mortgage Information

The following is a breakdown of the mortgage repayments for the first year using an interest rate of 3.5% over 25 years. This mortgage in Spain will cover a total of 300 monthly payments of €11584.43

Month

Interest Paid

Principal Paid

Remaining Balance

Month 1

€6,749.17

€4,835.26

€2,309,164.74

Month 2

€6,735.06

€4,849.37

€2,304,315.37

Month 3

€6,720.92

€4,863.51

€2,299,451.86

Month 4

€6,706.73

€4,877.69

€2,294,574.17

Month 5

€6,692.51

€4,891.92

€2,289,682.25

Month 6

€6,678.24

€4,906.19

€2,284,776.06

Month 7

€6,663.93

€4,920.50

€2,279,855.56

Month 8

€6,649.58

€4,934.85

€2,274,920.71

Month 9

€6,635.19

€4,949.24

€2,269,971.46

Month 10

€6,620.75

€4,963.68

€2,265,007.78

Month 11

€6,606.27

€4,978.16

€2,260,029.63

Month 12

€6,591.75

€4,992.68

€2,255,036.95