Real estate transaction with a yield of 300%

Spain, Valencia Autonomous Community, Torrevieja - view exact location

Investment project information

Funding Stage: Operating business

Share for sale: 1040000 %

Payback period: 1 year(s)

Description

Offer for investors! A building for sale for a mini-hotel in a large tourist town in the south of the province of Alicante.
The building has several one or two bedroom apartments, each with a salon, kitchen, bathroom, utility room, balcony, underground parking, second line of the sea, 20 meters to the embankment. Developed infrastructure within walking distance.
The facade is new, built in 2008, but repairs are needed. You can use it as a mini hotel or sell the apartments separately. Really great offer!

Cost 325.000 euros.

Sales price with renovation 1.040.000 euros.