5-star Hotel – Hotel in Barcelona, Spain
Our client, negotiating to purchase the asset from the 5-star hotel owner operator and needed a technical due diligence inspection of both the asset and an assessment of all local authority licensing with an estimation of projected CAPEX providing first, 3rd and 5th year cost estimations for both engineering and architectural elements.
The hotel opened originally in 2006 was located in the residential area of Barcelona present 7-floors with two basement levels that included meeting and conference facilities. The inspection and reporting was provided during November and December of 2015.
Status: Completed December 2015
Location: Barcelona, Spain