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Hotel for sale in Torremolinos


Nice hostal on the plot of 980 m2 and 312 m2 built situated only 7 minutes from the airport and 7 minute from the centre of Torremolinos. Has 15 double rooms all with airconditioning and fully fitted en suite bathrooms, 6 bedrooms has a Sky - Digital TV. Nicely decorated in Andalucian country style. There are 2 water deposits, private parking for 6-7 cars, 1 ADSL point and 3 telephones points. There is also private fully equipped laundry room. There is also nice Bar. The leasehold is for 10 years renewable. The monthly rent is 1225 Euros.

For more information on this Hotel for Sale Torremolinos, Spain please fill out the quick enquiry form on the right ->

Property Details


  •  Reference:  COMM280
  •  Price:  € 445,000
  •  Town:  Torremolinos
  •  Commercial Type:  Hotel


Spanish Property Description


Bonito hostal con terreno de 980 m2 y de 312 m2 construido situado solo 7 minutos del aeropuerto y 7 minutos del centro de Torremolinos. Tiene 15 habitaciones dobles todos con aire condicionado. En-suite cuartos de baņo, 6 habitaciones tienen Sky digital TV. Decorado en estylo andaluzo. Enclue aparcamiento privado para 6-7 coches, 1 ADSL punto y 3 puntos de telefono. Tambien tiene habitacion de lavanderia. Bar. Traspaso tiene duracion de 10 aņos. Alquiler mensual es de 1225 Euros.


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 €2227.77

Month
Interest Paid
Principal Paid
Remaining Balance

Month 1
€1,297.92
€929.86
€444,070.14

Month 2
€1,295.20
€932.57
€443,137.57

Month 3
€1,292.48
€935.29
€442,202.28

Month 4
€1,289.76
€938.02
€441,264.26

Month 5
€1,287.02
€940.75
€440,323.51

Month 6
€1,284.28
€943.50
€439,380.01

Month 7
€1,281.53
€946.25
€438,433.76

Month 8
€1,278.77
€949.01
€437,484.75

Month 9
€1,276.00
€951.78
€436,532.97

Month 10
€1,273.22
€954.55
€435,578.42

Month 11
€1,270.44
€957.34
€434,621.08

Month 12
€1,267.64
€960.13
€433,660.95