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005/ Apart Hotel offer for sale.6th May 2016

005/ Apart Hotel offer for sale.6th May 2016


Catalog #72263

Catagory: Business Opportunities / Investments
Dragon's Price: CONTACT US
Date Added: July 14, 2016 06:00
Page Views: 1

005/ Apart Hotel offer for sale.6th May 2016


We have the opportunity to sell one Freehold Apart Hotel

80 apartments at Nuevo Andalucía ‘Marbella’ - Spain .

New construction (work-in-progress) ​ ​90% complete ​ .​

Reason for sale ​ ?​ Developer has run out of money.

Full details below and enclosed .

The Sale Price negotiation is ​ FIRE SALE PRICE Euro 7 ​million

Aparthotel what the value………a good question ?…25th June 2016

Plot size 9,265 m/2

Build size 13,000 m/2 cost to construct circa €1100 / €1300 m/2 take average €1200 = €15,600.00

Say 50% present value… = €7,800,00 x as it stands…

Plot / Land Value circa … = €1,720,00 x (1.8 acres) potential to build a 2-bedroom

development on 4 floors. Site developers will allow / pay per plot

Say €20,000 x 86 apartments possible…

x x = €9,500,00

Cost to completion = say less - = €2.500,00 including fees?

So we estimate the value at €7m

= €7,000,00 ​0​+ buyers agent’s commission / fees…….

Errors & Omissions Excepted ( E&OE)

To start we MUST have buyers mandate and expression of serious intent

If you need further information or assistance please do not hesitate to contact



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