Apart-hotel for sale in Cadiz Spain - Seller Financing Available

Listing Number: 0101-263337

Description

Apartment-Hotel for sale in Historical Cadiz Spain. This property is over 100-years old and has recently been 100% renovated. There are seven modern apartments, suitable for double occupancy each with a fully equipped kitchen, air conditioning, modern bathrooms, washing machine and all the amenities of a first-class hotel, including two roof-top terraces. On the ground floor, currently open for lunch and dinner is a full-service restaurant and tapas bar offering high-quality, traditional Andalusian cuisine. The staff of 6 is well trained and dedicated to catering to each customer's desires. This property has one of the only business licenses available within the "old" city. All monies are in Euro. Seller financing has a 5-year balloon. Bank Financing may be available to qualified buyers. Seller pays brokerage fee.

Listing Details

  • Price: $2,950,000
  • Down Payment: $1,650,000
  • Sellers Discretionary Earnings: $289,460
  • Total Sales: $795,000
  • Location: Cádiz, Andalucía

  • Inventory: $10,000
  • FF&E: $350,000
  • Employees: 6
  • Year Established: 2015
  • Reason for Selling: Investment Goals Reached Moving-on
  • Category: Real Property Rltd
Apart-hotel for sale in Cadiz Spain - Seller Financing Available

Business Listed By:

Thomas R Milana, P.A. CBI