For Sale: hotel in Alicante (Costa Blanca) - 2 300 000

Sold by the student accommodation in Alicante, with high yield with a possible 12 months. Ten months with students and two summers with tourists. At present it is operated only 10 months for students. Lease incentives for students-approx. 140000, -- € per year, plus the income from the drink machines and sandwich, light( applies to students, but there are solar panels and there is no cost). Details we will see when you visit. Return is 7% with a large chance to improve. Apartment 60. The possibility of expanding with another 40 apartments. Placement 100% two buildings around a garden and private pool.

Two entrances from street, plus a mandatory emergency gate. The apartment consists of: kitchen with appliances bathroom, Desk and bedroom. There is one-or two-bedroom apartments with common areas studios. There is no communal dining room, as each Studio apartment has a kitchen with appliances, and a menu on campus is very inexpensive. Apartment licenses all in order. Very profitable business with very simple controls.