Costa del Sol East Vélez-Málaga
10 Beds
12 Baths

Hotel Vélez-Málaga

Ref No: R4686439
Price: €990,000.00
Location: Vélez-Málaga
Area: Costa del Sol East
Property Type: Commercial
Bedrooms: 10
Bathrooms: 12
Plot Size: 394
Living Area: 728
Terrace: 70

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.

Setting

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

Orientation

  • South East

Condition

  • Excellent
  • Recently Renovated

Pool

  • Private

Climate Control

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

Views

  • Street

Features

  • Private Terrace
  • Solarium
  • Guest Apartment
  • Guest House
  • Storage Room
  • Utility Room
  • Marble Flooring
  • Jacuzzi
  • Bar
  • Staff Accommodation

Furniture

  • Fully Furnished

Kitchen

  • Fully Fitted

Garden

  • Private

Security

  • Entry Phone

Parking

  • Street

Utilities

  • Electricity
  • Drinkable Water

Category

  • Investment

Contact us about this property

    €990,000.00
    394sq/m
    • Bar
    • Guest apartment
    • Guest House
    • Jacuzzi
    • Marble Flooring
    • Private Terrace
    • Solarium
    • Staff Accommodation
    • Storage Room
    • Utility Room