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Unique & Profitable Boutique Hotel in Ronda (steps away to all attraction spots) €1,450,000 €1,350,000


Current Price: €1,350,000
New Price:
Rate data provided daily by European Central Bank
Beds
14
M2
864
Lot Size
964
Year Built
2001

This Boutique Hotel has 12 ensuite rooms, rooftop pool, massage room, pond, breakfast bar and a tropical garden, it also has additional 2 rooms and baths for staff (split into an apartment for the manager and room for staff) all of which sits meters away from all points of interest in Ronda, the hotel has been trading fully managed profitably for over 15 years.

Supremely located a stone throw away from both the Puente Nuevo & the Puente Viejo as well as the oldest Bullfighting ring in Spain and streets filled with restaurants and shops. The interior of the hotel is incredibly unique as it was born out of an original music band retreat and recording studio concept by the owner who used to represent several and was well known in the industry, but the property has since then been remodel into the fine boutique hotel is presents today with less but more spacious rooms, without losing the uniqueness of the original concept. The hotel also has a nice tropical garden as well as a plunge pool on the rooftop which is kindly unique in Ronda as well as an interesting pool filled Garra rufa fish which you may have seen in Spa center cleaning the feet of customers, quite a unique and entertaining experience, finally special activities such as Thai/Shiatsu/foot massages are offered by the in-house therapist.

While the hotel does employ a cook it only offers breakfast, which has become quite famous in the area presenting an opportunity to either expand the meal service or start a full service restaurant with a reorganization, presenting additional potential to an ambitious buyer as it holds a full restaurant license.  

Trade wise the hotel provides the owner with a decent 6% yield as the property is fully managed by staff which present a great opportunity for someone looking for a lifestyle business as not only several cost cutting opportunities exists but a natural increase in sales would ensue form being owner operated, but for those looking for a straight investment then keep in mind that since the current owner is busy with several other projects the yield of the hotel could easily be increased to 7.5% and there is value to be had just on the real estate as the property has a 2.1M valuation from TINSA which if updated we would reasonably expect to still be well above the current asking.

All relevant materials (such as floorplans, registrations, P&L, Balance sheets, valuation, hotel KPIs, etc.) are available for qualified buyers (signed NDA) and a sincere effort will be made to accommodate for request for additional information.

If you know Andalusia but haven’t visited Ronda then you need to correct that wrong, there is a reason Hemingway wrote Ronda was the place “to spend your honeymoon or to see a bullfight for the first time” but if you need convincing type Ronda on google and be pleasantly surprised about what the city is all about.

Interesting and directly related to the hotel is the wonderful boutique winery/vineyard scene that has developed around the city with over 30 local houses producing local and internationally well know grape varieties, the hotel has deals with several to provide not only quality local wine but activities for the guests. Another interesting activity for guests is to actually get to drive a racecar or their dream car in the nearby Ascari racecourse which tends to appeal to the typical clients of this wonderful hotel.

Hotel Description:

14 rooms, 14 baths, 864m2 built on a 964m2 plot, plunge pool, breakfast room, reception, massage room, fish pond, tropical garden, fully licensed, built 2001.

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
Exterior Amenities
Security Amenities
BB6748F
Ronda, Malaga
Spain
Region: Malaga
Sale Type: For Sale
Ref #: BB6748F
Beds
14
Total Units
2
M2
864
Lot Size
964
Year Built
2001
Years Established
15
BB6748F
Ronda, Malaga
Spain
Region: Malaga
Sale Type: For Sale
Ref #: BB6748F

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Non-Circumvention and Non-Disclosure Agreement

Between the following Parties:

Business Broker Spain SL (CIF: B54646153) and trading as Business Broker Spain and with registered Head Office: 10 Calle Arquitecto Urteaga 03730 Javea, (Alicante). Spain (hereafter ‘the agent’);

1.The Discloser intends to disclose information (the Confidential Information) to the Recipient for the purpose of purchasing any business introduced to you through by Business Broker Spain.

2.The Recipient undertakes not to use the Confidential Information for any purpose except the Purpose, without first obtaining the written agreement of the Discloser.

3.The Recipient undertakes to keep the Confidential Information secure and not to disclose it to any third party except to professional advisers who need to know the same for the Purpose, who know they owe a duty of confidence to the Discloser and who are bound by obligations equivalent to those in clause 2 above and this clause 3.

4.The undertakings in clauses 2 and 3 above apply to all of the information disclosed by the Discloser to the Recipient, regardless of the way or form in which it is disclosed or recorded but they do not apply to:

a )Any information which is or in future comes into the public domain (unless as a result of the breach of this Agreement); or

b) Any information which is already known to the Recipient and which was not subject to any obligation of confidence before it was disclosed to the Recipient by the Discloser.

5.Nothing in this Agreement will prevent the Recipient from making any disclosure of the Confidential Information required by law or by any competent authority.

6.The Recipient will, on request from the Discloser, return all copies and records of the Confidential Information to the Discloser and will not retain any copies or records of the Confidential Information.

7.Neither this Agreement nor the supply of any information grants the Recipient any licence, interest or right in respect of any intellectual property rights of the Discloser except the right to copy the Confidential Information solely for the Purpose.

8.The undertakings in clauses 2 and 3 will continue in force for 2 years from the date of this Agreement.

9.This Agreement is governed by, and is to be construed in accordance with, Spanish law. The Spanish Courts will have non-exclusive jurisdiction to deal with any dispute which has arisen or may arise out of, or in connection with, this Agreement.

 
BB6748F
Ronda, Malaga
Spain
Region: Malaga
Sale Type: For Sale
Ref #: BB6748F

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