Hotel for sale in Vélez-Málaga Ref: X-AJM-T8K

€ 990,000
10 12 Ref: X-AJM-T8K
€ 990,000 10 12
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Built 728
Plot 394
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.

Nearby places

Fees, Energy Rating

Fees
Community Fees Not Available
Basura Tax Not Available
IBI Fees Not Available
Energy certificate
The energy certificate is pending

Average prices for Vélez-Málaga

This property
Price € € 990,000
Price per m² (built) € 1,360
Price per m² (plot)
Hotel
Price € € 990,000
Price per m² (built) € 1,360
Price per m² (plot)
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All features

Category

  • Investment

Climate Control

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

Condition

  • Excellent Condition
  • Recently Renovated

Features

  • Private Terrace
  • Solarium
  • Guest Apartment
  • Guest House
  • Storage Room
  • Utility Room
  • Show More

Furniture

  • Fully Furnished

Garden

  • Private Garden

Kitchen

  • Fully Fitted Kitchen

Orientation

  • South East Orientation

Parking

  • Street Parking

Pool

  • Private Pool

Security

  • Entry Phone

Setting

  • Village
  • Close To Shops
  • Close To Sea
  • Close To Schools

Utilities

  • Electricity
  • Drinkable Water

Views

  • Street Views

Aprox. Location