Hotel for sale in Velez-Malaga

Property ID: R4686439

€990,000

1,360 €/m2


728
10
beds
12
baths
70
terrace
394
plot

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

Climate control

  • Air Conditioning
  • Hot A/C
  • Cold A/C

Condition

  • Excellent
  • Recently Renovated

Features

  • Private Terrace
  • Solarium
  • Guest Apartment
  • Guest House
  • dresser-drawers-5
    Storage Room
  • home-improvement-12_1
    Utility Room
  • Marble Flooring
  • Jacuzzi
  • Bar
  • Staff Accommodation

Furniture

  • Fully Furnished

Garden

  • Private

Kitchen

  • Fully Fitted

Orientation

  • South East

Parking

  • Street

Pool

  • Private

Security

  • mobile-phone-blackberry-2
    Entry Phone

Setting

  • shanty-house-village-1
    Village
  • Close To Shops
  • Close To Sea
  • Close To Schools

Utilities

  • wall-socket
    Electricity
  • Drinkable Water

Views

  • Street

Located in

Affordability

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