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Luxury Hotel Project in Spain (Costa Dorada Northeast Spain)

  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  

€ 2,610,000

£2,165,386.50
$2,711,790.00

Luxury Hotel Project in Spain (Costa Dorada Northeast Spain)

Exclusive Luxury Hotel Project in Spain
Luxury hotel project in Spain. The licence has been agreed in principal and will take 6 to 8 months to be processed. We are taking enquiries in advance of approval with the option for you to secure your acquisition ot the opportunity with a deferred payment plan based on receipt of the licence. Meantime the construction company are ready to get started and we are working with them to prepare a construction timeline.

Fantastic resort for family hollidays and it aims at being one of the best, most profitable resorts of family entertainment in the heart of the Costa Dorada.

It also offers the possibility of building the first senior resort in the heart of the Costa Dorada, with houses and facilities suitable for older people (from 55 to 80 years old), with an operating model of vacation or lifelong rental, and with services of high performance.

Description of the Land
The plot is 800m from the best beaches in the heart of the Costa Daurada. It is a nearly flat plot of land, square-shaped with a good, non-rocky land for agriculture.

Two thirds of this plot of land have a planting of over 700 olive trees, native to the Mediterranean.

It benefits from its own service of water supply coming from a legalized underground well and has a low-voltage electrical supply (220VA- 360VA).

Important to note there are sea views from a low height of elevation. In addition, this plot is well connected for road and rail transportation.

Investment Options
Licenced project and plot without construction - 2,610,000


Licenced project and plot and construction of 4 * Hotel 276 rooms - 28,033,167€
Development, Building and Selling of a 4* Hotel Resort of 276 rooms (30 and 40 m²), capacity for 850 hotel beds
Consisting of 8 ground floor + two floor buildings and a main building with pools, gardens, parking and sports area.
Licence and project have been approved and the hotel is ready for construction which will take about three years.
The profitability that this new Hotel-Resort will offer in rent will be around 8%
The profitability of the operation of this new Hotel-Resort will range between 7% and 12%, with an ADR of over €91
and a RevPar of €65 in the area.
Offers an Annual Gross Rate of Return of between 7% and 10%


Licenced project and plot and construction of 4* Senior Resort 162 apartments - 28,016,343€
Housing Development, Building and Selling of a Four-Star Hotel Resort of 162 Apartments (60 m² and 100 m²).
Capacity for 524 hotels
Consisting of 8 ground floor + two floor buildings and a Club house, terraces, pools, garden, Sports area, parking.
Annual rental yield 8%
Annual profitability of the Operation Rental 8.5% to 12%


Optional Extension of Plot
The purchase of the neghbouring plot for hotel use can also be considered. This is a 76,000m2 plot with a buildable area of 38,000m2.

Commercial

Property ID: 41071

For:
Sale
Habitable:
No
Condition:
New

Floor area:
14077 m²
Size of land:
28154 m²
Presently:
In construction
Extras:
Car park.

Spain

Catalonia

Address:
tarragona
Costa Dorada
Close to:
Historic centre, Hospital, Train station, Bus stop, Shopping area, Park, Public square, Leisure centre, Touristic area, Mountain, Beach, Natural park, Forest, Lake, River.
Setting:
Countryside, Village, Town, Beach.

Contact me about this property for sale

Mallorca Yachts & Property
Andrew Hamaton
Phone: +34656405192

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