2 Luxury Hotels in Costa del Sol, Malaga
Assets: Lot formed by two Luxury Hotels, Tourist Vacation sector. Category 4 *
Been running. Without CAPEX.
Profitability: Positive. Greater than 6.5% in the last 5 years.
Operator: No Operator. Possibility of operator with guaranteed
Operation Description:
Sale of two Luxury vacation hotels, located in a premium area, beach area, completely updated facilities, exclusive services, adding 637 rooms in total (400 + 237).
It is recognized as the "Q" for tourism quality by the Spanish Tourism Quality Institute, as well as the ISO 9001: 2015 certification and has its own quality management system H10 Quality Excellence Management, which guarantees the quality of services.
Owned by the prestigious Spanish hotel chain H10, with more than 65 owned hotels managed by the chain itself around the world, Spain, Europe and the Caribbean, and with experience since 1980.
Operation with a net profitability, on the starting sale price of € 140M, of 7% with figures from 2018.
To obtain more detailed and specific information, the presentation of LOI and NDA by the interested buyer as well as the corresponding POF is necessary. Negotiations will take place directly with the property. Transaction amount: € 140M
Estepona Palace ****
The only superior category hotel in Estepona, standing on the seafront and just 1.500 metres from the Puerto Deportivo, home to a wide variety of dining and leisure options.
The hotel features the perfect combination of Andalusian-style architecture with avant-garde design, offering a unique experience in a peaceful, natural setting with spectacular views of the Mediterranean, Gibraltar and the African coastline. The hotel offers a wide range of services including carefully selected cuisine, free Wi-Fi, a Despacio Spa Centre with full hydrothermal circuit, 11 golf courses in the vicinity, 7 meeting and events rooms and Privilege, Exclusive Rooms and Services.
Hotel Marbella Andalucia Plaza ****
An iconic, Andalusian-style hotel located in one of the most exclusive areas of Marbella.
Located next to Puerto Banús, the H10 Andalucía Plaza features Andalusian architecture and an elegant, contemporary interior design. Specialising in holidays for adults, the hotel is located just a short distance from the beach and very close to several top-class golf courses. It features bright rooms, carefully selected cuisine with new additions such as the restaurant La Brasserie, eight conference rooms and the refurbished Despacio Spa Centre.