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5 Star Golf Hotel For Sale, Costa Del Sol, Spain

 License Type: Hotel
Price: 198,900,000.00€
Ref Number: SRE0846















Freehold / Lease: Freehold

Full Description: This hotel, which is a member of the ‘Leading Small Hotels of the World’, nestles on a splendid golf course which is included in the sale.

The hotel boasts 112 guest rooms and suites designed with elegance,
spacious and a comforting array of amenities with spectacular views of the golf course or surrounding mountains.

The Golf course currently has a 18 hole par 72 course plus
an 18 hole executive course.

The course was designed by the prestigious course architect Antonio Garcia Beautiful and has been host to the European Seniors Final, and the Daily Telegraph European Seniors Match play Championship for 3 years.

Golf memberships are sold as a 2 year package for €24,000
per family (500 members). Other sporting activities close
to the hotel include paddle.
The Hotel hosts the following:-
Tennis
Gym with health & beauty centre
Heated outdoor swimming pool
Conference facilities for up to 800 people with a 730m2 salon plus 560m2 of terrace which can be divided into 3 rooms if necessary.

Unencumbered by Management contract
OCCUPANCY: 68%
YIELD: 5.13% (does not include banqueting or golf revenue)

Freehold €198,900,000
(One Hundred & Ninety Eight million, Nine Hundred thousand euros)

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