Hotel - B&B for sale

Hotel - B&B Location Marbella, Costa del Sol
  • Build
    540 m2
  • Bedrooms
    20
  • Bathrooms
    21
  • Sold for
    €1,200,000

Description

A Hostel with 20 rooms situated in the heart of Marbella town and only 7 minutes walk from the beach and a few minutes walk from the beautiful Marbella Old Town. This property has plenty of potential for growth. An established business for many years, the owners are now ready to hand over to someone younger!! There are 4 floors to the property. The ground floor offers the reception area of the hostel. On the first floor there are 3 rooms (2 doubles and a single), the second floor offers 10 rooms (8 doubles and 2 singles) and the 3rd floor has a further 7 bedrooms (6 doubles and a single) and a nice terrace of 45m. Currently each room offers a wardrobe, TV and shared bathroom.
There are several scenarios to improve the business. Reforming the rooms so that all had its own private bathroom would reduce the number of bedrooms but would significantly increase the room rate. Included in the price are two commercial premises (currently unused) that are adjacent to the hostel and could easily be converted to a restaurant or café, thereby increasing services the hostel can offer. All the premises are freehold. Double rooms are approximately 12m and single rooms are 6m.

Location

Attention!!! The location on the map may differ from the correct location, the property may be lower to the beach or higher in the mountains. It is an indication on the map to show in which region it is located.

Features

Price
€1,200,000
Property type
Hotel - B&B
Surfaces
Build: 540 m2
Terrace: 44 m2
General
Close To Sea
Close to shops
Close To Town
Condition Fair
Orientation
West
Keywords: hostel marbella
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