€ 12,000,000
Hotel for sale in Cádiz city, Cádiz
Description
Hotel 4★ on the Costa de Cádiz with stable operation
A four-star hotel is for sale, located in a privileged enclave beside the riverbank and very close to one of the area’s best-known beaches. The establishment has 101 exterior rooms, many with open views to the natural surroundings of the bay. The location allows walking access to the beach and is within short distance of the historic center, guaranteeing a tourist appeal both for vacationing and culture year-round.
The hotel offers ample facilities, including a restaurant, several event spaces, a bar- café, outdoor pool and solarium terrace. In addition, it has a rooftop with bar and restaurant service that adds experiential value for guests. In 2022 there were significant improvements in rooms and common areas, with an approximate investment of €1.3 million, enabling its operation without the need for additional CapEx in the short term.
There is an approved project to add 10 additional rooms in the rooftop area, with license expected to be obtained during the summer of 2023.
The asset is operated by an established hotel operator under a lease agreement with duration and performance guaranteed, as well as a minimum guaranteed rent and IPC indexation. The contract includes corporate guarantees and a bank guarantee, which provides stability and income security to the owner.
An investment opportunity with size, strategic location, tourist visibility and a proven operating model in one of the areas with the greatest tourism potential in Andalusia.
Features
- Hotel
- Energy Efficiency Rating: In Progress