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Classical B&B for sale €360,000


Current Price: €360,000
New Price:
Rate data provided daily by European Central Bank
Beds
7
M2
250

Reserved, If option not executed will be available in April 2019

 

This 7 bedroom 6 bathroom lifestyle business follows a traditional rustic white townhouse design with wooden windows, beamed ceilings, internal shutters and terracotta tiles.

The guests area consist of 4 en-suite rooms, 3 regular doubles and 1 double with private entrance and ante chamber that can sleep one more or can be used as a private lounge for longer term guests, there is also a reception area an indoor breakfast room and finally the gem of the property, the rooftop.

The rooftop consists of 3 interconnected terraces allowing for all guests to have their own individual private space or share together and enjoy alfresco breakfasts and/or lounging, but everything revolves around the plunge pool with views of all Competa and the grape/vid planted hills and on clear days, the sea!

The owner’s acommodation consist of 3 rooms, kitchen, laundry room, lounge, main lounge and 2 bathrooms.

There is the possibility of adding a 5th guest’s room with en-suite bathroom, the cost/quote received by the owners was for 5-8K depending on materials so easy to increase the income potential.

Competa enjoys year round trading due to the many activities offered by the area, it’s very attractive to Dutch, British and Finnish tourist but like any village in Andalusia it receives constant influx from over 40 nationalities year round, the business is highly ranked on several review sites as well as having recently received the trip advisor certificate of excellence and even has reservations in place for late 2018.

A little about the town from Andalucia.com

Long known as the pearl of the Axarquía is the town; one of the best bases for a stay in the Axarquía.

Located seven hundred meters above sea level with stunning views of the surrounding mountains, countryside and Mediterranean, the town is best known to many for its locally produced wine, available both dry and sweet, as well as being plentiful and cheap. One of the most popular annual fiestas here is the Noche del Vino (Night of the Wine) on the 15th August which features a program of flamenco and sevillana music and dance, plus plenty of free-flowing vino. Apparently, the locals reputedly prefer the sweeter wines, while the foreign residents and tourists like the dry. This area is particularly popular with Scandinavians, many of who have renovated old farmhouses and fincas in the vicinity.

This steady influx of foreigners has proved positive overall for the locals in helping to slow down the former inevitable migration of young people to the cities and coast. These days the town is self-sufficient and thriving, providing its three thousand inhabitants with a municipal market for example with a fresh daily supply of meat fish and vegetables. It is a charming flower bedecked old town with its main center, the Plaza Almijara, dominated by a magnificent sixteenth century church. This bustling square is one of the best places to enjoy a break with a choice of several bars and restaurants.

The town is fascinating to explore with its labyrinth of narrow cobbled streets that date back to Moorish times and spectacular views. The town is located less than an hour from Málaga airport on the Motril bypass, so ideal for a day trip, as well as an overnight stay for those who want to explore the area further or continue their journey into the province of Granada. The end of January, early February is the Almond blossom season, visit then to see beautiful landscapes and the surrounding villages of La Axarquia.

Viewing Arrangements

Interested parties are advised that this is a confidential sale and as such members of staff at the premises may not be aware that the business is on the market. No direct approach to the premises should be made and all viewings should therefore be arranged through the vendor's agents Business Broker Spain.

Business Broker Spain will be happy to assist with flight and accommodation arrangements to facilitate a viewing and bi-lingual staff will be on hand when you arrive.


General Amenities
Interior Amenities
Exterior Amenities
Security Amenities
Landscape Amenities
Address Hidden
Malaga East, Malaga
Spain
Sale Type: For Sale
Ref #: BB6740F
Beds
7
M2
250
Type of Purchase
Freehold
Years Established
15
Address Hidden
Malaga East, Malaga
Spain
Sale Type: For Sale
Ref #: BB6740F

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Address Hidden
Malaga East, Malaga
Spain
Sale Type: For Sale
Ref #: BB6740F

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