Hotel for sale in Pontevedra city, Pontevedra

2-star hotel for sale located in Pontevedra.

Valid license as: 2-star hotel, café and restaurant.

Type of asset: Hotel.

Activity license: Hotel with café and restaurant.

Status: Fully operational.

The hotel opened its doors in 1987 and was refurbished in 2001.

Layout and building:

Building with 5 floors: basement, ground floor, first floor, second floor and attic. Operating elevator.

Hotel capacity:

Total of 35 rooms.
Total places: 68.
27 rooms registered with Tourism.
25 doubles and 2 singles.
Places: 52 from declared rooms.
8 additional rooms not registered with Tourism, but included in the project approved by the City Council and declared with the Tax Agency.

Tax and planning compliance for the entire total of 35 rooms.

Food and beverage:

Restaurant with capacity for 100 diners.
Café and dining service included in the license.

Operations and profitability:

Average annual occupancy: 98%.
Approximate net profit: 30%.

Rental option with purchase option:

Monthly rent: 9,000 € (5,000 €) + VAT corresponding to the rental.
4,000 € allocated to the purchase option.
Option duration: 2 years.
Required guarantee: 100,000 € through a bank guarantee or cash.

Economic terms:

Sale price: 2,200,000 € + 2% of fees by the buyer.