Hotel for sale in Pontevedra city, Pontevedra

REF: 7939006

Two-star Galicia hotel for sale located in Pontevedra. Rent with option to buy.

Valid license as a two-star hotel, café and restaurant, Cambados, Pontevedra.

Asset type: Hotel.

Activity license: Hotel with café and restaurant.

Status: In full operation.

The hotel opened its doors in 1987, renovated in 2001.

Distribution and construction:

5-story building:

Basement

Ground floor

First floor

Second floor

Attic

Operational elevator.

Hotel capacity:

35 rooms in total.

Total places: 68.

27 rooms registered in tourism.

25 doubles.

2 singles.

Places: 52 declared as rooms.

8 additional rooms not declared in tourism, but included in the project approved by the City Council and declared to the Tax Authority.

Tax and urban compliance for all 35 rooms.

Restoration:

Restaurant with capacity for 100 diners.

Café and catering service integrated into the license.

Operation and profitability:

Average annual occupancy: 98%.

Approximate net profit: 30%.

Rent with option to buy:

Monthly rent: €9,000 €5,000 + VAT corresponding to the rent.

€4,000 allocated to the option to buy.

Option duration: 2 years.

Required guarantee: €100,000 via bank guarantee or cash.

Economic conditions:

Sale price: €2,200,000.