Hotel for sale in El Burgo

Super property with 6 letting rooms, established restaurant, snack bar, living accommodation, 500m2 plus 3 large terraces. Ready for business. being sold complete with all furniture, fixtures and fitting. Well established business with large client base, easy to obtain mortgage to fund some or all of purchase

For more information on this Hotel Lease in El Burgo, Spain please fill out the quick enquiry form on the right ->

Property Details

• Reference: COMM3635

• Price: € 945,000

• Town: El Burgo

• Commercial Type: Hotel

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 €4730.89

Month

Interest Paid

Principal Paid

Remaining Balance

Month 1

€2,756.25

€1,974.64

€943,025.36

Month 2

€2,750.49

€1,980.40

€941,044.96

Month 3

€2,744.71

€1,986.18

€939,058.78

Month 4

€2,738.92

€1,991.97

€937,066.81

Month 5

€2,733.11

€1,997.78

€935,069.02

Month 6

€2,727.28

€2,003.61

€933,065.42

Month 7

€2,721.44

€2,009.45

€931,055.96

Month 8

€2,715.58

€2,015.31

€929,040.65

Month 9

€2,709.70

€2,021.19

€927,019.46

Month 10

€2,703.81

€2,027.09

€924,992.37

Month 11

€2,697.89

€2,033.00

€922,959.38

Month 12

€2,691.96

€2,038.93

€920,920.45