Boutique hotel with 22 double rooms, restaurant, landscaped garden, pool, close to golf courses, app. 10 minutes drive to the coast.
The hotel is bank reposed and is closed since 2 years. There are smaller reforming necessary, but the property is in a good estate.
The property was valued by 5.000.000 Euros. The selling price is now only 3.000.000 Euros + 5% Agent Fee
At Spanish Costa del Sol (as well called the Costa del Golf), is touristic demand all year round. Here we have nearly all year round sunshine (like Florida in the USA), in the area are more than 40 golf courses, the international airport in Málaga has connection to more than 100 European & oversea destinations.
A full report about this property & about the Spanish hostelry market by request.

Posted May 16, 2016

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