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Properties for sale and rent in Spain

1 500 000 €

1 361 € / m²

Alicante, Torrevieja

Ref: 648664

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25Bedrooms
25Bathrooms
1 102 m²built square meters
HOTEL IN THE HEART OF TORREVIEJA.A great opportunity to own this beautiful hotel located in the center of Torrevieja.The hotel has a constructed area of 1,102 m2 and 6 floors.It features a bar, dining area, restrooms, storage, reception area, 8 double rooms, 12 double rooms with twin beds, and 5 single rooms.OPERATING HOTEL IN THE CENTER OF TORREVIEJAWe present an excellent investment opportunity in one of the most established and dynamic tourist destinations in the Mediterranean. This is a fully operational hotel, strategically located in the center of Torrevieja, just minutes from the main beaches and surrounded by shops, restaurants, and leisure areas.This transaction offers the acquisition of an asset with a long history and high growth potential, both to maintain the current operating model and to develop a new accommodation concept geared towards the boutique or premium segment.The property features 25 fully equipped rooms, including singles, doubles, and suites, distributed across several floors. The building also includes a reception area, elevator, laundry facilities, restaurant, bar/café, kitchen, storage, and other amenities designed to optimize operations and diversify revenue streams.Built in 1992 and subsequently renovated, the property incorporates hotel equipment, furnishings, a climate control system, a photovoltaic installation, and all the necessary elements to ensure continuous operation from day one.Its prime location, combined with the city´s ongoing tourism and residential growth, makes this asset a particularly attractive opportunity for hotel operators, investment groups, and property owners seeking to establish themselves in one of the Costa Blanca´s most promising markets.Additional documentation is available for investors who wish to learn more and schedule a private viewing.
This information has been obtained from public sources and may not be up to date. It does not represent a link with the developer.

Property data

  • Kitchen equipmentEquipped
  • Bedrooms25
  • Bathrooms25
  • built square meters1 102 m²
  • Property typeSecond hand

Base

    Top new builds in Spain

    Facilities

    In building

    • Elevator

    Kitchen Equipment

    • Furnished

    State

    • Good condition

    Mortgage calculator

    Property price
    Down payment
    30,00%
    Term in years
    Interest rate type
    Interest rate
    Purchase taxes and fees
    9,00%
    Calculate:,,,,,,,
    Monthly mortgage payment4 996 €
    Amount financed by bank1 050 000 €
    Taxes and expenses135 000 €
    Final property cost including expenses1 635 000 €
    Property cost after mortgage payoff (with interest)
    2 248 563 €
    incl. interest: 613 563 €

    Profitability calculator

    Property price
    Renovation cost
    100 000 €
    Purchase taxes and fees
    9,00%
    Calculate:,,,,,,,
    Additional expenses
    100 000 €
    (fees, legal procedures, registration, other expenses)
    Expected monthly rent
    10 000 €
    Exit property price

    Expenses (annual estimates)

    Property tax
    Community fees
    Insurance
    Other expenses

    Address

    Alicante, Torrevieja

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