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Hotel In Tourist Beachside Town, Near Valencia For Sale

Cullera, Valencia
Asking Price:
€6,000,000
Turnover:
€1,400,000
Net Profit:
€800,000

A fantastic opportunity to acquire a freehold beachside hotel in the touristic town of Cullera, Valencia. Rooms range: 50-100. The hotel features a variety of rooms: from single rooms and double rooms to king-sized rooms and family rooms, providing an ideal targeting of different customer segments as well as its own restaurant with seating capacity for 60 diners. The hotel is located five minutes from the stunning beach. Forecasted financials for 2018: Gross operating revenue of €1.4M with 60% occupancy and average daily rate of €77, providing net owner profit of €800K.

Symbolic photo; not of the business for sale

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