Hotel for sale in Velez-Málaga
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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.

  • Features

    Private Terrace

    Storage Room

    Marble Flooring

    Guest House

    Utility Room

    Jacuzzi

    Guest Apartment

    Bar

    Solarium

    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

    •  

    Community Fees: €0 / monthly

    Basura Tax: €0 / annually

    IBI Fees: €0 / annually

    Highlights

    Reference
    R4686439
    Price
    €990,000
    Location
    Vélez-Málaga (town)
    Area
    Málaga
    Property Type
    Hotel
    Bedrooms
    10
    Bathrooms
    12
    Plot Size
    394 m2
    Built
    728 m2
    Terrace
    70 m2

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