2 Star Hostel In Barcelona Downtown For Sale

Business description

2** Hostel located in a magnificently refurbished historic building situated in a quiet street of the Eixample district, surrounded by cafés and restaurants and a 3 min walk from Barcelona's single most visited tourist attraction. For sale is the property of 180m2 with street level entrance and 7 rooms (6 with ensuite bathrooms and a total of 18 beds) in the first floor plus a room for live-in operator. This Hostel represents a unique opportunity to invest in an established business offering an attractive return. The current owners are selling the business + the property in order to retire. All licenses in order.

Property information

Real Estate:

Real Property Included

Living accommodation:

The hostel includes a small multi purpose room where the owner/operator sleeps

Location:

The hostel is located on a typical street of Barcelona's Eixample district, surrounded by cafés, restaurants and entertainment

Premises details:

Premises are perfectly maintained, clean and simple yet charming. The entrance to the hostel is a street level.

Size in square feet:

200m2

Planning consent:

The hostel has the duly issued license for operating guest accomodation in Barcelona

Business Operation

Expansion potential:

Despite good marketing and online efforts, there is still potential for increasing the hostel's occupation rates.

Competition / Market:

There are two hotels in a 200m circumference and mutliple apartments for rent, yet no other hostel.

Reasons for selling:

Retirement

Trading hours:

all year

Employees:

1

Years established:

9

Other information

Support & training:

none specific