4**** BOUTIQUE HOTEL – SPA – MADRID

4,500,000€
Sold
AS24-102 Property ID
4,500 m2 Size

Description

Investment in a 4-Star Hotel on the Outskirts of Madrid

Property Profile:

  • Prime Location: Hotel situated on the outskirts of Madrid, just 45 minutes from the city centre, offering a perfect balance between accessibility and natural retreat.
  • Facilities and Dimensions: The property spans over 8,500m2 with buildings totalling 4,500m2, incorporating a variety of accommodation options including 38 rooms, 15 junior suites, and 7 exclusive chalets.

Market Potential and Clientele:

  • Clientele Diversification: The client base is segmented between corporate clients during the week for meetings and conferences, and a leisure market during weekends and peak seasons, with a focus on celebrations and mountain tourism.
  • Market Positioning: Rated as a 4-star establishment with a consistent history of appeal to various market segments.

Financial and Operational Aspects:

  • Financial Status: Recent valuation of €6,657,741.
  • Operational Management: Efficient management model with outsourced services and reduced fixed personnel costs, allowing for a flexible and profitable operation.
  • Improvement Opportunities: Significant potential for the development of a luxury SPA and the implementation of a Wellness Clinic, services currently non-existent in the area.

Sales Proposal and Conditions:

  • Sale Price: Set at €4,500,000.
  • Latest Capex: Renovated in 2016. NEED NEW CAPEX
  • Transition and Flexibility: Current owner’s willingness to assist in the post-sale transition. Flexibility in the resolution or subrogation of existing contracts.

Address

  • Country Spain
  • Province/State

Overview

  • Property ID AS24-102
  • Price 4,500,000€
  • Property Type
  • Property status
  • Rooms 45
  • Size 4,500 m2
  • Land area 8,500 m2
  • Label ,
  • Property type: Boutique Hotel
  • Type asset: Hotel
  • Reference number: AS24-102
  • Type of use: Hotel - Spa - Conferences
  • Category: 4****
  • Number rooms: 45
  • Operator: NO
  • m2 Plot: 8500
  • m2 built: 4500
  • Last reform: 2016
  • ROI: 415000
  • Project Type: With Sale Mandate