The former residence, located within a plot of 30,255 m2, has 140 rooms on a constructed area of more than 12,350 m2. In addition to this building, the complex has a large garden area, swimming pool, solarium, parking, tennis court or pediment, as well as a social club with almost 350 m2. The new buyer wants to take advantage of these facilities and their location, just 200 meters away from the beach of Albir, to develop a hotel complex.
Alfaz del Pi is located 5 Kms from Benidorm and 45 minutes by car from Alicante Airport, the 5th airport in Spain regarding passenger volume. It is a consolidated international destination where more than 55% of its inhabitants are of foreign nationality.
For Manuel Climent, director of transactions at JLL Hotels & Hospitality Group, "this operation confirms the interest of international investors in our country and more specifically for holiday destinations. In 2017, more than 62% of the total volume transacted in vacation locations was registered in operations whose buyers were international. We expect this trend to continue during this 2018, taking into account the good operating results of the market and growth forecasts".
