Charming Hostel 2 Star In Barcelona Downtown For Sale

Business description

Well kept 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 200m2 with street level entrance and 7 charming rooms (5 with ensuite bathrooms and a total of 30 beds) in the first floor plus a room for live-in owner/operator. This Hostel represents a unique opportunity to invest in an established business offering an attractive return. The current owners are selling the business in order to retire to their native France. All licenses are 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

Other information

Expansion potential:

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

Planning consent:

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

Competition / Market:

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

Support & training:

none specific

Reasons for selling:

Retirement

Trading hours:

all year

Furniture / Fixtures value:

€50,000 (included in the asking price)