Stoneweg Acquires Hotel On Carrer De L'Arc Del Teatre In Barcelona For €20M
Carrer De L'arc Del Teatre 58, 08001 Barcelona, Barcelona, Spain
$20,000,000
Building Size
—
Asset Type
Hotel
Closing
Feb 7, 2022
About this deal
AI
The property asset involved in this transaction is a Hotel located at Carrer de l'Arc del Teatre, 58, 08001 Barcelona, Spain. The transaction took place on 08/02/2022. The purchase price for the hotel was €20,000,000. The vendor of the property is Inversiones Riera de Sant Miquel, while the purchaser is Stoneweg - Fabio Lopez Ceron.
Summary of transaction details
- Property Type: Hotel
- Transaction Amount: €20,000,000
- Address: Carrer de l'Arc del Teatre, 58, 08001 Barcelona, Spain
- Date: 08/02/2022
- Vendor: Inversiones Riera de Sant Miquel
- Purchaser: Stoneweg - Fabio Lopez Ceron
This transaction involved the collaboration between Stoneweg - Fabio Lopez Ceron and Inversiones Riera de Sant Miquel. Stoneweg - Fabio Lopez Ceron acted as the purchaser, while Inversiones Riera de Sant Miquel served as the vendor. The deal signifies a significant investment in the hotel sector and highlights the active real estate market in Barcelona, Spain.
Players
Barcelona Hotel Market Snapshot
Boundary boundary · Hotel · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.79%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93