FLAT

Condominiums recently built for hotel purposes

€ 498.000

Located in trendy El Terreno, this unique residential and hotel concept offers 13 exclusive apartments. Situated between Bellver Park and the Paseo Marítimo boulevard, residents can enjoy stunning views of countless yachts, cruise ships, restaurants, cafes, and discos.

The renovated hotel comprises 13 bright apartments, including one duplex. Each apartment has a living area ranging from 48 m² to 99 m² and features one or two bedrooms, one or two bathrooms, and a balcony. The basic concept is simple; the apartment is rented out as a hotel suite, generating income and fully refinancing the investment.

Residents can enjoy all the benefits of a hotel, with impeccable housekeeping, room service, and access to two roof terraces with a pool and lounge area. Meanwhile, the 24-hour concierge can assist with bookings and reservations, ensuring peace of mind for the owners.

The apartments are modern, flooded with natural light, and boast Feng Shui furniture and fixtures, creating a harmonious and comfortable living environment. Every apartment comes with a furniture package that includes cutlery, dishes, pots, towels, TV, and more. Private storage is also available for residents to store their belongings.

The property is designed for a 60/40 investment model, comprising 60% rentals and 40% private use. This can be tailored to individual needs. Bookings, payment, and other administrative tasks will be managed by the hotel.

Parking is offered at a daily rate on a first-come, first-serve basis, with special arrangements available at a neighboring underground car park.

This is an ideal opportunity for those seeking the perfect combination of a peaceful lifestyle with modern amenities. Contact us to view a sample apartment today.

Energy certificate is available, and the price is valid for the present date. Our commission-free purchase offerings make it easier for buyers.