Hostel for sale in Los Boliches

Property ID: R4798114

€2,490,000

2,397 €/m²

1,039

m²

beds

baths

m² terrace

m² plot

Great Business Opportunity. Hotel located in the city of Fuengirola (Málaga).

The property, with 1,039 square meters, is strategically located in the Los Boliches neighborhood, just 200 meters from the beach.

It is currently in need of renovation, as seen in the images.

The Los Boliches neighborhood in Fuengirola presents an exceptional investment opportunity due to its strategic location, developed infrastructure, and tourist appeal. This picturesque neighborhood combines the traditional Andalusian essence with modern amenities, attracting both residents and visitors.

Its proximity to high-quality beaches, a wide variety of dining and shopping options, and excellent transportation connections (including the train station with direct access to Málaga) enhance its appeal. Moreover, the real estate market in Los Boliches shows a steady trend of revaluation, ensuring a positive return on investment in the medium and long term.

Investing in Los Boliches not only offers economic profitability but also an unparalleled quality of life, in a safe and vibrant environment. This neighborhood, with its balance between tradition and modernity, represents a solid choice for those seeking stability and growth in their investments.

The property has been closed since November 2023, and is not currently in operation.

It comes with a renovation project with the following features:

37 rooms distributed as follows:

· Ground floor: Entrance hall, reception, front office, back office, co-working space, bathroom, and elevator.

· First Floor: Nine double rooms en suite, four with front-facing terraces + one master suite.

· Second Floor: Twelve double rooms en suite (four of them with front-facing terraces).

· Third Floor: Twelve double rooms en suite (four of them with front-facing terraces).

· Fourth Floor: Three double rooms en suite + a playroom.

· Penthouse: Solarium with jacuzzi, sauna, shower, pergola, bathrooms, and terrace furniture.

Contact me for more information.

Features

Climate control

Air Conditioning
Central Heating

Condition

Restoration Required

Features

Near Transport
Private Terrace
Solarium
Satellite TV
Guest Apartment
Storage Room
Utility Room
Courtesy Bus
Near Church
Basement

Furniture

Not Furnished

Orientation

North

Parking

Street

Pool

Room For Pool

Setting

Town
Commercial Area
Beachside
Village
Close To Shops
Close To Sea
Close To Town
Close To Schools

Utilities

Electricity
Drinkable Water
Telephone

Views

Street

Located in

Affordability

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Price

€

Down payment

€

Interest

Loan type

Your est. monthly payment

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