Mallorca Hotel For Sale

Strategic Investment Opportunity: Iconic 5-Star Luxury Hotel in Playa de Palma, Mallorca

We are pleased to present a premier acquisition opportunity for a landmark 5-star luxury hotel situated in the high-demand international corridor of Playa de Palma. This institutional-grade asset combines a sophisticated architectural presence with a robust upward trajectory in its operational metrics, offering a high-yield entry into Mallorca’s core luxury market.

Asset Overview

The property is a flagship of urban-Mediterranean luxury, designed to cater to high-net-worth leisure and “bleisure” travelers.

• Accommodations: 186 high-end keys, ranging from premium standard rooms to expansive junior suites and full suites.
• Infrastructure: A total built area of approximately 15,000 m² with a land use classification exclusively for tourist hotel use.
• Gastronomy: 3 distinctive signature restaurants and a designer rooftop bar offering 360-degree panoramic views of the Mediterranean.
• Wellness & Recreation: * A comprehensive 5-star wellness center and spa featuring a hydrotherapy circuit, treatment rooms, and a fully equipped gym.
  • Outdoor infinity pool and an indoor heated pool for year-round operations.
• Condition: Maintained to impeccable 5-star standards with no immediate CAPEX requirements.

Strategic Location

The hotel occupies a privileged position on Avenida América, the most sought-after frontline area of Playa de Palma.

• Connectivity: Strategically located only 10 minutes from Palma de Mallorca International Airport (PMI).
• Environment: Immediate access to the beach and surrounded by premium leisure, luxury retail, and the island’s most vibrant coastal infrastructure.
• Market Position: Playa de Palma is currently undergoing a significant repositioning towards the ultra-luxury segment, ensuring long-term capital appreciation.

Financial Performance & Yield

The asset demonstrates exceptional pricing power and a consistent increase in Revenue Per Available Room (RevPAR).

• Pricing Power (ADR): Significant growth from €180 in 2021 to a projected €265 for 2024.
• Occupancy Excellence: Expected to reach 78% in 2024, showcasing strong demand recovery.
• 2024 Projected Financials: * Estimated Operating Revenue: ~€17,678,000.
  • Gross Operating Profit (GOP): ~€8,971,000.
  • EBITDA: ~€7,800,000.
• Profitability: The property delivers a Gross Yield of 8.7% and an Estimated Net Yield of 6.9% annually, making it one of the most attractive risk-adjusted returns in the Balearics.

Transaction Details

• Price: €90,000,000 + fees.
• Reference Code: RHC25138.
• Category: 5-Star Luxury.

Confidentiality Notice: This information is strictly confidential and intended exclusively for qualified institutional investors. Detailed financial audits, technical due diligence, and specific property identification will be provided only upon the execution of a Non-Disclosure Agreement (NDA).