Pinatar Arena Palace Hotel – Alicante Spain

All Properties,Spain

Features

  • Gymnasium
  • Luxury suites
  • Restaurant/bar
  • Spa

Overview

The Hotel Investment

  • 69 Luxury modern hotel suites
  • 8% Annual Return assured for 5 years
  • Guaranteed buy back from years 6 to 10
  • 30 days personal usage with VIP access to the sports facilities
  • Invest from just £61,585/86,740
  • Construction starting mid 2015 (10 month build)
  • Established sports arena located next to the beaches in El Mojon (San Pedro del Pinatar)

 

Development

Pinatar Arena Sports Centre

  • Established sports centre
  • FIFA Football Pitch
  • Cricket Pitches & Nets
  • Gymnasium
  • Spa centre
  • Paddle tennis
  • Restaurant
  • Music Bar

Pinatar Arena 2013 to 2015

  •  300 Football teams
  • 150 Training camps
  • 9,000 Football players
  • 30,000 Room Nights booked
  • 31 Different Nationalities
  • 500,000 Visitors
  • 180,000 Spectators
  • 200 Football matches

 

Financials

Payment Plan

  • 6,000 euro (£4,280) reservation fee
  • 30 days later50% deposit minus reservation fee
  • 4 month thereafter25%
  • Completion25% (estimated April 2016)
  • All funds are transferred to an ESCROW account

Returns

  • 8% net returns – Paid annually before January 15th each and every year for five years minimum

Investor Usage

  • The investor is permitted 30 days usage per annum and is contracted to the unit they have purchased. The minimum stay per duration is 1 week.
  • The high season months for the Pinatar Arena are April, May, October, November and December.
  • Therefore, if the investor gives 3 months’ notice they are guaranteed dates outside of the Pinatar High Season. Less than 3 months’ notice is then subject to availability.
  • There is a 20 euro per day charge while the investor stays at the property. This is to cover daily cleaning, electricity and water.
  • The investor is issued a VIP membership giving access to all facilities in the hotel and Pinatar Arena.

 

Purchasing Costs 

  • Legal fees = 1% of purchase price
  • Stamp Duty = 1.5%
  • Land registration = 300 to 500 euro (estimation depending on unit purchased)

 

Gallery

 

 

Location

El Mojón, Alicante, Spain

 

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