Hotels

Profitable Boutique Hotel for Sale €850,000 €680,000

Updated

Current Price: €680,000
New Price:
Rate data provided daily by European Central Bank
Beds
8
M2
392
Lot Size
5,102

Romantic boutique hotel for sale 30 min driving from Malaga

 

The hotel is an 1852 grain mill that has been reformed with the most modern construction techniques while using classic material of the era and some original pieces such as: Arab tiles, 150 year old wood beams, natural rocks, antique bricks and handmade clay floors. Modern materials were also used where needed but maintaining the look and feel of the place like window and door made with oak with double glass as well as acoustic and thermal insulation.

 

The hotel has 6 rooms, 2 large rooms, 3 suites (with Jacuzzi for 2) and 1 luxury suite with a Spa (sauna, Turkish bath, double hydro-massage showers) and a grand chimney. All the rooms have A/C cold/hot with bronze faucets, carved wood ceilings and wood/clay flooring.

 

The common areas are comprised by two spacious living rooms with chimneys, a grand dining room, terrace and summer dining room as well as a spacious kitchen totally fitted to handle commercial use and a lobby bar.

The owner’s accommodations are 70m2 and have 2 rooms, 1 bathroom, dining room and a terrace with incredible views, all completely independent from the hotel.

 

The heated pool is 10 x 6 with a Jacuzzi surrounded by luscious gardens filled with citric trees, further down the property there is ample private parking as well as horse and riding stables.

 

The Hotel also comes with 5,102.00m2 of land with automatic irrigation systems already installed and a 30,000 liter water deposit as well as potable water source from the adjacent town.

 

The business is truly famous and considered one of the most romantic hotels of Andalusia which allows him great positioning on Google searched organically, which is verified by their 90% direct booking rate (something almost unheard off) which increases the bottom line, also this is a niche with little to no competition assuring continued success into the future. The hotel was built in the early 2000’s and has been successfully running for 11 years.

 

The Hotel is a relatively easy operation with high reward do to its positioning in the market, achieving great financial success without having to scale, it is truly a great opportunity not only as a business but as an investment as the property (just the real estate, asset) was officially valued by a technical architect for 630,000 in 2016 which is available to verified buyers.

 

The asking price is for 680,000.00 including everything in the Hotel, there is an outstanding mortgage from a big local bank for 173K expiring in 2026.

 

The owner is looking forward to retirement and will listen to offers and work on payment schedules (seller financing), in any case a buyer purchasing in full can expect to earn a very solid income making this a tremendous opportunity for a dream life/work balance.


General Amenities
Interior Amenities
Exterior Amenities
Energy Savings Amenities
Security Amenities
Landscape Amenities
Community Amenities
Accessibility Amenities
BB6697F
Pizarra, Malaga
Spain
Region: Malaga
Sale Type: For Sale
Ref #: BB6697F
Last Updated: Tuesday, 04 December 2018 09:48
Beds
8
Total Units
2
M2
392
Lot Size
5,102
Expected Income
€140,000
Years Established
11
BB6697F
Pizarra, Malaga
Spain
Region: Malaga
Sale Type: For Sale
Ref #: BB6697F
Last Updated: Tuesday, 04 December 2018 09:48

Please complete the form below to find more information about this property. In doing so you give specific consent to us viewing your information. We are committed to ensuring that your privacy is protected. Should we ask you to provide certain information by which you can be identified when using this website, then you can be assured that it will only be used in accordance with our Privacy Policy

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.

 
BB6697F
Pizarra, Malaga
Spain
Region: Malaga
Sale Type: For Sale
Ref #: BB6697F
Last Updated: Tuesday, 04 December 2018 09:48

Main Menu

Related Businesses

English School in The Valencia Region
English School in The Valencia Region Valencia, Valencia

A​ fantastic opportunity to purchase a very well established fully licenced English School in the Valencia region.

€549,000
Rural Tourism Complex of 5 Houses inside Sierra Nevada Park, Granada
Rural Tourism Complex of 5 Houses inside Sierra Nevada Park, Granada Orgiva, Granada

Ongoing and established vacation lettings business consisting of 5 tourism licensed houses in a plot of 5000m2 with a retreat feel (river, pond, fruit trees, etc) but just 5 minutes out from nearest (...)

€565,000
Tourism Resort/B&B near El Caminito del Rey in Malaga
Tourism Resort/B&B near El Caminito del Rey in Malaga Alora, Malaga

Nice small resort just outside Alora. 5 guest apartments, 1 owner's apartment, 1 guest room, 8 RV camping spots, big common areas.

€695,000 €595,000
Cortijo in Huercal Overa
Updated
Cortijo in Huercal Overa Huercal Overa, Almeria

A super opportunity to purchase a profitable lifestyle business. The property has been fully restored to a very high standard and offers 3 self contained holiday rental properties.

€595,000

FaceBook  Twitter  Google+  Linkedin