Why buy a hotel in Spain
Spain is firmly holds third place in the world in the number of tourists visited the country in 2014.
In 2014, Spain was visited by more than 65,000 million, which is a new record and an increase in the number of visitors tour by 7.1% compared to 2013. This is despite the fact that the number of tourists from Russia fell by 10.3% and amounted to 1.4 million people.
The total amount of money that tourists spent during their stay in Spain, is 63,000 million euros. This includes the cost of airline tickets, taxis, restaurants and ... hotel.
Do you think that with these numbers buy a hotel in Spain, that is well located and in the right place, can be a bad investment?
International investment funds have already answered this question. The total investment in the Spanish hotel industry in 2014 amounted to over 1,100 million euros. Leading position held investment funds Qatar, Singapore and China. But the Spanish also not left out of this process. Hispania (financial group Azora) conducted a series of major investments.
According to statistics, 75% of tourists come to Spain looking for the sea and the beach. This means that the ideal location of Hotel has to be in the coastal zone and resorts with well-developed infrastructure.
After the 2008 crisis, international hotel brands tend not sign leases with fixed income. The hotel owner receives a percentage of the total amount of money left by tourists in their hotel. In those moments, when year after year the number of tourists continues to grow, this percentage at the end is more interesting than the previously established fixed rent. Consequently, along with increases in profit rises and capitalization of the entire asset.
If you are interested in buying hotels in Spain, you've come to the right place.