Christie + Co, the specialist property agent and adviser, has been appointed to participate in the marketing of the freehold of the 5-star, 304-bedroom Hilton Hotel Valencia in Spain's third largest city. The hotel was built in 2007 for a reported cost of EUR 110 mln, is the tallest building in Valencia and offers panoramic views over the city.

Situated next to Valencia's Congress Hall and only a 10-minutes drive from Valencia International Airport, the hotel boasts two high-class restaurants and a luxury bar. The business also features a luxury spa and health club, which includes an indoor relaxation pool, gym and spa pool.

Chris Day, International Managing Director at Christie + Co, said: 'This is one of the first opportunities of this quality to come to the market in Spain and we therefore expect it to be sold in a short timescale.'

A number of parties have already expressed an interest in purchasing the hotel.