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10 Bed Commercial unit for sale in Vélezmálaga Costa Del Sol East, Málaga, Spain.

Fantastic boutique hotel in the historic centre in the lively city 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

€990,000
Reference
R4686439
Region
Málaga
City
Costa Del Sol East
Town
Vélezmálaga
Type
Commercial unit
Bedrooms
10
Bathrooms
13
Enquire
  • Private Terrace
  • Solarium
  • Guest Apartment
  • Guest House
  • Storage Room
  • Utility Room
  • Marble Flooring
  • Jacuzzi
  • Bar
  • Staff Accommodation

Interested? Contact us.

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