Three-star hotel in Las Palmas de Gran Canaria

1 300 000 €

Lot: ESC-12962S

Description

Three-star hotel located in the historic center of Las Palmas de Gran Canaria, Canary Islands, Spain. The hotel has 22 rooms. Each room has a balcony with stunning views of Santa Catalina Park. Each room has its own bathroom with shower. The hotel building is located right on the square where the annual carnival is held. There is no seasonality and tourist recessions in the middle of the year. Requires a minimum investment in repairs - a maximum of 100,000 EUR. Great offer for investment and increase in funds. Approved mortgage lending for 50% of the amount. The beach is only 3 minutes walk. There are many cafes, restaurants and bars around, 5 minutes walk to several popular clubs. 200m from the bus stop, from where you can go to any part of the island. Agency commission is paid separately and is 5%.

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