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Carrer De L'arc Del Teatre ...

Updated Jan 30, 2024

Stoneweg Acquires Hotel On Carrer De L'Arc Del Teatre In Barcelona For €20M
SOLDHotel

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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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

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