Smaller Hotels for sale in Fuengirola

REF:	Type:	Beds:	Baths:	Price:
SB1210	Smaller Hotels	0	0	245,000€
Property size:		Plot size:
900^m2

Photos

Description

This easily operated hotel is located in the heart of one of the most popular tourist resorts on the Costa del Sol, a few minutes from the beach and twenty minutes from Malaga airport as well as Marbella.
The hotel has forty five guest rooms that include two newly installed superb suites with Jacuzzi Baths and Plasma Television.
The property has a build size of nine hundred square meters over five floors and has recently been renovated with all new bathrooms en-suite, air-conditioning, new sound proofed windows, modern lift installation to all floors.
The rooms consist of single, double, matrimonial, triple and quadruple rooms, all with en-suite facilities. There is a good sized bar with open fireplace, pool table and a sun-terrace. There is also a manager’s office, stores and a staff room.
The occupancy of the hotel is approx 75-100% summer months / Easter / Ferias, other times up to 75%, with room prices from 55 Euros low season up to 120 Euros in the high season.
The very low overheads at only 750 Euros weekly rent provide the opportunity of excellent earnings and high profits.
The hotel is located two minutes from the sandy 8 km. stretch of beaches and the main shopping plaza, bars and restaurants are directly across the street, the whole area has recently been rebuilt with pleasant squares, pedestrian-friendly streets and lots of delightful themed pubs and tapas bars.
This famous resort has long been a tourist destination, in addition many UK and Scandinavians have chosen to settle permanently, thus the area has developed multi-lingual schools, theatres, cinemas and churches. The amount and quality of shops has also increased within the town, as well as on the outskirts with the recent construction of the large shopping complexes built on the American style with multi cinemas show all the recent films in both Spanish & English.
This excellent hotel is offered on a thirty year, renewable lease at only 750 Euros weekly.
Offered as a fully going concern at 245,000 Euros plus a returnable 55000 Euros security deposit.

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Smaller Hotels for sale in Fuengirola | Smaller Hotels in Costa Del Sol

Smaller Hotels for sale in Fuengirola