Hotel for sale in Vélez-Málaga, Velez-Málaga

Highlights

Reference
Price
€990,000
Location
Vélez-Málaga
Area
Málaga
Property Type
Hotel
Bedrooms
10
Bathrooms
12
Plot Size
394 m2
Built
728 m2
Terrace
70 m2

PDF

Description

Fantastic boutique hotel within walking distance of the lively center of Velez-Malaga. As is often the case in Andalusian cities, you cannot see the wealth and beauty behind the front door from the street. In this case, you will also be amazed upon entering the property through the large antique wooden doors. From the entrance hall, you step into the impressive courtyard, the focal point of the property. On the ground floor, there is the breakfast room with a bar, two guest rooms, guest toilets, and the entrance to the second patio, which can also be used privately thanks to access from the manager's residence. The manager's residence has a large open kitchen/living room, one bedroom with an ensuite bathroom, and an additional guest toilet (with shower). On the first and second floors, you will find the other 7 guest rooms (so 9 in total), including a family room with two sleeping areas. The other 8 rooms all have ensuite bathrooms, air conditioning, and tasteful furnishings. On the rooftop terrace, there is a pool/large jacuzzi and several lounge beds. The business is currently open 8-9 months a year and generates a good turnover. With some marketing efforts, much more can be achieved. Ideal location for a couple to manage and enjoy the pleasures of Spanish life. Opportunity to take over bookings and booking pages. The occupancy is good but with the right efforts, it could be much higher. Occupancy 2023: 55%, 1200 nights, average price around € 100,- (open 8/9 months). Before Covid: 1700 nights on average.

Property Features

  • Features

    Private Terrace

    Storage Room

    Marble Flooring

    Solarium

    Guest Apartment

    Guest House

    Utility Room

    Jacuzzi

    Bar

    Staff Accommodation

  • Orientation

    South East

  • Climate Control

    Air Conditioning

    Cold A/C

    Hot A/C

  • Views

    Street

  • Setting

    Close To Sea

    Close To Shops

    Close To Schools

    Village

  • Condition

    Excellent

    Recently Renovated

  • Pool

    Private

  • Furniture

    Fully Furnished

  • Kitchen

    Fully Fitted

  • Garden

    Private

  • Security

    Entry Phone

  • Parking

    Street

  • Utilities

    Electricity

    Drinkable Water

  • Category

    Investment


  • Approximate location

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