M&AReal EstateSIGNED
Next Point Sells Mallorca Hotel for 13 Million Euros
Value
€13M
Acquirer
Local private investor
Target
Hotel Garden Saladina
Next Point has sold the Garden Saladina hotel, located in Playa de Muro, Mallorca, to a local private investor for 13 million euros. The transaction allows Next Point to focus its business on the geriatric sector.
✦ Meridian Analysis
Next Point has signed a €13 million asset sale of the four‑star Garden Saladina hotel in Playa de Muro, Mallorca, to a local private investor. The hotel, acquired by Next Point in 2021 for €9 million from Garden Hotels, was renovated and reopened in 2025 under the Garden Saladina brand. The transaction transfers ownership of the 132‑room property, which remains under a 25‑year lease with Cesgarden that obliges the tenant to stay until July 2036 and runs to July 2046. Legal counsel for the seller was provided by Alberto Antolí of Leiva & Antolí Abogados, while the buyer was advised by Javier Cívico of García & Cívico Abogados. The deal enables Next Point to exit the hospitality segment and redeploy capital into its core geriatric‑care portfolio.
The Garden Saladina asset generated an internal rate of return above 15 % and a 1.8‑times multiple on invested capital over roughly five years.
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