Hotel for sale in Velez-Málaga
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
Area
Málaga
Property Type
Hotel
Bedrooms
10
Bathrooms
12
Plot Size
394 m2
Built
728 m2
Terrace
70 m2
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