Hotel with high profitability in Barcelona

For sale a building rented to a hotel.

This building has 4 floors and is located in Sant Andreu district of Barcelona, close to the park Plaça del General Moragues. The surface of the construction is 2.000 m2.

The leaseholder has committed to making building renovations  (the cost of the reformation is 2.000.000 euros).

The rent is for 30 years + possibility of rent for 10 years more.

Profitability: 6%.