Location: Close to Paseo de la Castellana, Salamanca, Madrid, Spain
Guide Price: €25m
No. of Keys: 34
The Opportunity: This boutique art-deco style hotel with 34 deluxe and premium rooms and a terrace suite, will delight guests because of it’s style. Although opened in 2017, the decor and building immediately takes one back to the 1920s, with a touch of the earlier Art Noveau period.
With free iPads, Wi-Fi, Bike Rental and breakfast included, it has a great guest retention factor…and a stunning location to boot in amongst all the great Madrid hotels, including the Villa Magna as neighbours.
Room sizes are between 21 and 3- sqm. SV
Main Photo: The art deco style lobby at this hotel
Flag and Management: Currently branded, but open upon sale
Current Owner: Currently a small Spanish hotel chain with some eight hotels.
Financials: 2019 financials available upon signing LOI.
Agent: THPT is in partnership with local agent.
Guide Price: €25m
Price per Key: €735,294
Date Posted: July 2020
THPT Comment: This is a great opportunity to acquire a boutique, art-deco hotel in a fab area of Madrid…pricey, but that’s location for you.
Contact us for further information
This is a new feature on the THPT site…. Hotel & Serviced Apartment owners can be naturally reticent in publicising their property is for sale…for confidentiality reasons, for staff and current client reasons, so the properties featured in this section will either be “generic” or “name specific”
Each fortnight we mail the opportunities posted that week, but check-out the tab “Hotels Available” and call us for details of “Under the Table” – deals not posted on the site at all
The Hotel Property Team (THPT) is a small group of highly experienced business professionals. Between us, we provide a range of skills and experience which is directly relevant to those involved in the hotel property market.
MISREPRESENTATION ACT 1967. This information is provided as a general guide and is not intended to be constructed as a statement of fact upon which interested parties can rely. All interested parties should make their enquiries by inspection or otherwise. Neither The Hotel Property Team (trading name of Impetus Marketing 2006 Ltd) nor any person in our employment has the authority to make, give or imply any representation or warranty whatsoever relating to the premises referred to in these particulars. These details do not constitute any offer, contract or any part thereof and all negotiations relating to the premises should be conducted through THPT.