Property For Sale Madrid,Spain

For sale by real estate agent - Madrid

Property for sale

4 Star Hotel Madrid

$60,704,846 | £48,440,977 | €54,000,000
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ForSale SqFt Area 0Baths 0Beds
GENERAL DESCRiPTiON
* 4 star hotel totally renovated in 2015 by NH, located in Chamberi district, four minutes walk far from Paseo de la Castellana.
* Divided into two independent buildings, they have 257 rooms.
* Lease contract expiration in 2028.
* Turnover growth of 50% since the end of the refurbishment works in August 2015.
* Expected rent in 2016 €2,3 M / year, with a return on investment of 4,2%

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