Palma De Mallorca Hotel For Sale

Exclusive Investment Opportunity: 4-Star Beachfront Resort in Mallorca

We are pleased to present a prime hospitality asset located on the first line of the sea in one of the Mediterranean’s most resilient and high-demand premium segments. This 4-star resort combines a dominant coastal position with strong operational history, making it a cornerstone acquisition for institutional portfolios or specialized hotel groups.

Asset Overview

The property is a high-capacity resort that has undergone significant modernization to maintain its competitive edge in the luxury leisure market.

• Accommodations: 323 rooms and suites, including standard doubles, superior units, family rooms, and junior suites, all featuring private terraces.
• Premises: A substantial built area of approximately 18,400 m² situated on a sprawling 15,200 m² beachfront plot.
• Dining & Leisure: Features two specialized restaurants (buffet and à la carte), two bars with sea-view terraces, and an exclusive beach club.
• Wellness & Recreation: Two outdoor swimming pools with panoramic views, a high-level Spa & Wellness center (thermal circuit, treatment rooms, sauna, and jacuzzi), and a professional gym.
• Condition: Originally built in 1973 and benefited from a comprehensive full renovation in 2017.

Strategic Location

Situated in one of the most dynamic coastal districts of Mallorca, the property offers unmatched accessibility and guest appeal.

• Prime Setting: Direct beach access and frontline sea views.
• Connectivity: Located within a short drive of the island’s capital and the international airport, ensuring steady occupancy from European and global markets.
• Market Position: Positioned in a high-growth area known for high-spending tourism and year-round appeal.

Financial Performance & Yield

The asset demonstrates robust financial health with high-margin F&B operations and strong daily rates.

• 2023 Revenue Performance: Total annual revenue of €17.0M, driven by rooms (€12.9M) and a strong food & beverage department (€3.4M).
• Operational Efficiency: Gross Operating Profit (GOP) achieved was €8.1M, representing a highly efficient operation.
• Profitability: The property generated an adjusted EBITDA of €6.9M and an estimated net profit of €5.2M.
• Yield: Based on the current performance, the asset delivers an impressive ~11.9% EBITDA yield and a ~9% Net Yield on the acquisition price.

Transaction Details

• Price: €58,000,000 + fees.
• Reference Code: RHC2593.
• Category: 4-Star Beachfront.

Confidentiality Notice: This information is strictly confidential and intended exclusively for qualified investors. Detailed financial records and specific location data will be provided only upon the execution of a Non-Disclosure Agreement (NDA).