Hotel for sale in Marbella

Hostal of 300 m2 on the plot of 480 m2 situated in the old town of Marbella, only 3 minutes from the town centre, close to Plaza de Naranjos. The hostal has 25 bedrooms in total, which 23 bedrooms are double bedrooms and 2 single bedrooms. It has 2 roofterraces and large patio. 3 bedrooms are equipped with TV. It also has his own laundry room. It has international clientele and is always fully booked. The last reform has been done in 1988.In our opinion the property needs some reforms to bring it up to today´s standars. Great investment due to its excellent location for this kind of business.

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

Property Details

• Reference: COMM225

• Price: € 1,110,000

• Town: Marbella

• Commercial Type: Hotel

Spanish Property Description

Hostal de 300 m2 en parcela de 480 m2 esta situado en casco antiguo de Marbella, solo 3 minutos del centro de cuidad y cerca de famosa Plaza de Naranjos. Hostal tiene 25 habitaciones en total, cuales 23 son habitaciones dobles y 2 habitaciones individuales. Tiene 2 azoteas y gran patio. 3 habitaciones estan equipadas con TV. Tambien tiene su propia lavanderia. Tiene clientela internacional y todas habitaciones estan siempre reservadas. En 1988 el hostal se reformo por ultima vez.En nuestra opinión, la propiedad necesita algunas reformas para equipararse a los standares que hoy en día se mantienen. Gran inversión debido a su excelente ubicación, ideal para este tipo de negocio.

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 €5556.92

Month

Interest Paid

Principal Paid

Remaining Balance

Month 1

€3,237.50

€2,319.42

€1,107,680.58

Month 2

€3,230.74

€2,326.19

€1,105,354.39

Month 3

€3,223.95

€2,332.97

€1,103,021.42

Month 4

€3,217.15

€2,339.78

€1,100,681.64

Month 5

€3,210.32

€2,346.60

€1,098,335.04

Month 6

€3,203.48

€2,353.44

€1,095,981.60

Month 7

€3,196.61

€2,360.31

€1,093,621.29

Month 8

€3,189.73

€2,367.19

€1,091,254.10

Month 9

€3,182.82

€2,374.10

€1,088,880.00

Month 10

€3,175.90

€2,381.02

€1,086,498.98

Month 11

€3,168.96

€2,387.97

€1,084,111.01

Month 12

€3,161.99

€2,394.93

€1,081,716.08