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Hotels · Palmanova, Spain · Ref. 5642
Palmanova (Spain) - Hotel Sale Opportunity: 4 STARS / 126 rooms
- Category
- 4 stars
- Rooms
- 126
- Indicative sale price
- 20.000.000 €
- Average price per room
- 158.730 €
- Operation
- Sale
A four-star hotel in Palmanova (Calvià), metres from the beach, with 126 rooms and 29 more approved.
Description
Investment Opportunity – Four-Star Hotel with an Expansion Project in Palmanova (Calvià, Mallorca)
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Location: Palmanova, Calvià – just metres from the beach, in one of Mallorca's most sought-after tourist spots.
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Official rating: 4 stars.
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Rooms: 126 currently in operation (+29 additional rooms approved under an expansion project).
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Built area: approx. 5,150 sq m.
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Main plot: 4,232 sq m.
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Year built: 1980s.
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Last full refurbishment: 2017.
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Facilities: swimming pool, restaurant, rooftop, gardens and refurbished common areas.
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Asking price: €20,000,000 (optional: adjoining plot for expansion, €3,000,000).
Competitive advantages
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Strategic location: Palmanova is one of Mallorca's most established destinations, with strong domestic and international demand.
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Immediate action: an operating asset with a rising occupancy record (58% in 2021 to 79% in 2023, with 82% forecast for 2024).
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Repositioning potential: ADR and RevPAR optimisation strategies to strengthen its position in the four-star leisure segment.
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Approved expansion project: 29 new rooms and an extra 10% of buildable area, raising operating capacity and improving the projected return.
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Scalable for hotel groups: the right size and location for international operators looking to build a presence in the Balearic market.
Financial analysis (2024 projection)
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ADR: €132.
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Estimated average occupancy: 82%.
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Rooms revenue: approx. €4.98M.
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Food and beverage revenue: approx. €1.49M.
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Other revenue: approx. €0.32M.
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Estimated total revenue: approx. €6.79M.
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Operating costs: approx. €3.98M.
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Forecast results:
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Gross Operating Profit: approx. €2.81M.
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EBITDA: approx. €2.25M.
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Net profit: approx. €1.7M.
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Estimated return:
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ROI without the expansion: 7.4%.
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ROI after the extension (29 rooms + 10% extra buildable area): above 10.1%.
An invitation to investors
This four-star hotel in Palmanova is a strategic investment in the Balearic market, combining an established operation, an immediate return and attractive growth potential through the approved expansion.
Features
| Reference | 5642 |
|---|---|
| Type | Hotels |
| Operation | Sale |
| Status | Operating |
| Location | Palmanova, Islas Baleares, Spain |
| Rooms | 126 |
| Floor area | 5.150 m² |
| Category | 4 stars |
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