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Profitable 2x Hotels In Porto For Sale

Porto, Portugal
Asking Price:
€11,600,000
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

2x HOTELS NO PORTO for SALE WITH OPERATOR (NEW OPERATOR)

Package sale (without operator / freehold) but with different owners.
The new operator is a large Spanish hospitality company interested in profitability (already with a profitability study approved by the Board TODAY), which, for example, had revenues of €100 million last year.
The 2 hotels consist of 84 rooms in total.
Sale of 2 Hotels: €11.6 Million (non-negotiable)
Yield: 6% (minimum €700,000 in 15-year lease) but may reach between 7.5 and 9% depending on the operator's BP, as attached: 70% GOP

Property Information

Real Estate:

Real Property Included