4 Star Hotel Madrid Spain

4 Star Hotel Madrid Spain

GENERAL DESCRIPTION

• 4 star hotel totally renovated in 2015 by NH, located in Chamberí 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%




No. of Beds: 257

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Location

Property Location: Spain

Recently Reduced

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  • Product Code: 982334
  • Availability: SOLD
  • 54,000,000€
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