Price € 995,000 Freehold
- Fantastic investment opportunity
- Commanding location
- 7 bedrooms, swimming pool and terraces
- Previous Planning permission to build 36 apartments
A truly magnificent investment opportunity to purchase an established boutique hotel that sits on a commanding position on 20,000m2of land together with previous planning permission in to build up to 36 apartments of 120m2.
Built to a traditional Andalusian style, the hotel’s construction was completed just 20 years ago and therefore benefits from all the modern features and comforts such as gas powered central heating, solar power, its own water well and pumps to guarantee an ample supply at any time of the year.
Run as a successful and distinguished boutique hotel until 2012, when the owners retired, they continued to live at the property and have maintained it to very high standards. It is fully registered with the Tourism Department of the Junta de Andalucia, along with all the licenses in place and a functioning website. The hotel built-up area is 400m2and features seven large, en-suite bedrooms, all south facing and with views to the Mediterranean, mountains and the charming and historic nearby village. A bar & restaurant, 12 x 6 metre outdoor solar heated pool and extensive terrace for more than 100 guests make this location ideal for hosting major celebrations such as weddings and anniversaries.
The hotel, just 10 minutes from Rincon de la Victoria and its wonderful coast, can be reached within 30 minutes from Malaga International Airport and the city of Malaga as well as being very close to several golf courses, renowned restaurants, fantastic historic towns, vineyards, wineries and much more.
In 2006, plans were drawn and approved by Urbanismo of the Junta de Andalucia to create a country club project extending the existing hotel and taking advantage of 2 hectares of terrain to build the 36 apartments of 120m2each, all with sea views as well as a cafeteria, gym and recreation area, all linked to the Hotel.
This is a luxurious lifestyle boutique hotel business for a couple looking for a great adventure with a good life/work balance and high quality of living or for an enterprising couple, group of friends or investment group to develop the project and realize a healthy profit, the versatility and options make this an opportunity that can be taken in several directions.