Property Abroad

Spain

Balearic Islands

Lucmayor

Hotel

Hotel 187 м² in Lucmayor, Spain

3 370 154 $

18 022 $ /м²

4OTKw

Hotel 187m² in Spain, Lucmayor. Priced at 2875000€ rent photo- #1

Hotel 187m² in Spain, Lucmayor. Priced at 2875000€ rent photo- #2

Hotel 187m² in Spain, Lucmayor. Priced at 2875000€ rent photo- #3

Hotel 187m² in Spain, Lucmayor. Priced at 2875000€ rent photo- #4

Hotel 187m² in Spain, Lucmayor. Priced at 2875000€ rent photo- #5

Hotel 187m² in Spain, Lucmayor. Priced at 2875000€ rent photo- #6

Hotel 187m² in Spain, Lucmayor. Priced at 2875000€ rent photo- #7

Hotel 187m² in Spain, Lucmayor. Priced at 2875000€ rent photo- #8

Area

187 м²

Bedrooms

Bathrooms

Hotel with 14 rooms for sale in the center of Llucmayor, Mallorca, Balearic Islands

This hotel for sale in Llucmayor, Mallorca, is an excellent offer for those looking for an investment opportunity or wishing to purchase their own space in a tourist area. The hotel is located in the city center, in an early 20th century building that was completely renovated in 2014. The interior of the hotel has been done with modern trends in mind and features 14 rooms spread over 4 floors, including two junior suites on the top floor with private terraces and magnificent views of the city, the sea and the island of Cabrera.All rooms at the hotel in Llucmayor are equipped with modern amenities such as TVs, Wi-Fi, minibars, safes and individual air conditioning, ensuring a comfortable stay for guests. There is also a small bar and a lounge area on site.Hotel Llucmajor is located about 20 km from Palma de Mallorca, the nearest airport and beaches, making it an ideal place to stay for those looking for a secluded location away from the hustle and bustle of city life, yet in close proximity to the main tourist attractions.For golf enthusiasts, the Son Antem Golf Club is located next to the hotel, making it even more attractive to sporty tourists. A townhouse of about 160 square meters is also for sale next to the hotel, which can be used as living space or converted into an annex to the hotel.Llucmayor is the largest municipality in the south of Mallorca and is characterized by a beautiful landscape.

Services and facilities

Air conditioner

Balcony or terrace

Security system

Internet

Furniture

Household appliances

Additional details

Property type

Investment

Publication

From the Agency

Object type

Hotel

Price

3 370 154 $

Condition

In Good Condition

Location

Downtown

Characteristics

Air conditioner

Balcony or terrace

Security system

Internet

Furniture

Household appliances

Distance to key points, m

To airport 20000

Purchase method

Credit

Cash

FAQ

In Spain a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Lucmayor; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.

Banks in Spain finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.

Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.

A title search at the land registry of Spain takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.

Yes. Rental income tax is 5–25% depending on the regime. In Lucmayor short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.

Yes. An inspection costs about 0.5–1% of the price (3 370 154 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

A typical transaction runs 30–90 days, averaging 45 in Lucmayor: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).