€ 2,500,000
Hotel for sale in Oeste, Castelló de la Plana, Castellón
- 14 m2
- 1
Description
We present a co-living project in Castellón de la Plana, perfect for investors.
Located just a few minutes from Universitat Jaume I, this project is an interesting investment.
This is a project of 36 rooms with an equipped kitchen and a full bathroom, located just 5 minutes from Universitat Jaume I. Ideal for students and during the summer months for tourist rentals, with management by an external company at an approximate cost of 2,100 € per year. According to the market study, the return per room is between 10% and 14% annually.
An operation structured around a property purchased specifically for its comprehensive transformation, with a validated feasibility study and a defined operating model.
The direct proximity to the campus ensures sustained demand.
An opportunity aimed at investors looking for recurring returns, value creation, and exposure to a real estate asset linked to the education sector.
Valuation as a completed building: 2,800,000 €.
The sale of the property for 2,500,000 € represents a 12% revaluation in less than one year.
The profitability during operation of the asset would be 9%.
Features
- Hotel
- Bathrooms: 1
- Build Size: 14 m2
- Year Built: 2027
- Energy Certificate (Consumption): A
- Energy Certificate (Emissions): A