Successful Spanish Holiday Home Rentals Business For Sale

Business description

5 star Self Catering Holiday Villa & Apartment Rental Business to include full title ownership of all real estate assets, furnishings, fully automated bookings website, goodwill and property advertising on over 20 premium Holiday Rental websites.

Property equity valuation is based on real Spanish Bank Valuations and not Estate Agent estimates. Bank valuations utilise ‘sold values’ from multiple similar properties in the local area offering an accurate real valuation. These valuations are available on request.

You are paying for the capital asset value of the properties at realistic current valuations with the added benefit of a ready made business with a €40k / £35k annual turnover. The properties can be sold off or remortgaged at any time to release capital. There are NO tie ins with this business.

The sale transaction can be handled in either Euros or Sterling, please contact us for details.

All properties included in this business conform to latest construction standards, being less than 5 years old and are vigorously maintained. All are equipped to a high standard with contemporary furnishings & decoration. Occupancy levels of 85% in 2008 were achieved and over 90% throughout the main rental season in 2009 with many guests returning and offering excellent referrals.

Bookings already in place for 2010, guaranteeing income for the new owner.

Over 90 satisfied customer reviews recorded to date.

Our excellent team of English ex-pat property managers are locally based to handle all guest requirements in Spain.

Offers around £330,000 / €350,000 (stc) for this turnkey Premium Holiday Rentals business with all current bookings at time of purchase transferred to the new proprietor providing seamless cash flow from day one. The sale transaction can be made in Sterling or Euros or a mixture of both.

All existing advertising campaigns are offered to the new owner continuing the success currently enjoyed. On certain leading holiday rental websites we currently hold the top search ranking for holiday rental property in La Manga & La Torre, with top 10 rankings for La Marina, Costa Blanca & Costa Calida.

Realistic high season gross monthly income of £5,760 / €6,624
Low monthly mortgage interest payments of currently only £750 / €870 per month for all three properties (this figure will reduce significantly in February 2010)

Potential to add additional properties to the portfolio that will also gain from the high search rankings this operation has accrued in the last 4 years.

We stipulate No smoking, No pets.

Visit our website www.JonesVillas.com for individual property details.

Accompanied inspection trips available. Your visit costs fully refunded against purchase price on completion of sale (stc). Discounted stays can also be arranged for prospective purchasers in any of the properties. Please contact us for details.

If based in the UK, new proprietors should ideally allow for a short visit to Spain each quarter to meet with the Property Managers. Also anticipate that signing over of the mortgages at the Spanish Notary (equivalent to an English Conveyance Solicitor) will take several days over in Spain.

It is also perfectly feasible for the new owners to spend a significant amount of the winter months in Spain without adversely affecting the businesses turnover or profitability.

No further expenditure is required to operate this business from day one...it is offered FULLY TURNKEY

Our fully automated website takes care of bookings, accepts credit/debit card payments, sends booking confirmations to guests, proprietor & property managers.

Top ranking on holiday rental websites, including TeletextHolidays.co.uk and Villarenters.com. Advertising on these and around 20 other sites is offered free of charge with a small commission being paid only on confirmed bookings.

Option to have a new website created with all the functionality of jonesvillas.com but under a new name (subject to domain name availability).

Property information

Real Estate:

Real Property Included

Living accommodation:

Possibility to live in one of the properties and receive an income from the other two.

Location:

Costa Calida & Costa Blanca. La Marina, La Manga & Polaris World Golf – La Torre. Easy access from Alicante and Murcia airports.

Premises details:

1 x 3 Bed/2 Bath detached villa in private enclosed grounds, 1 x 2 Bed/2 Bath Apartment & 1 x 2 Bed/1 Bath Apartment. All have access to Swimming Pools. All are Freehold/Commonhold.

Other information

Expansion potential:

Scope to expand property portfolio taking advantage of high search / booking rankings.

Competition / Market:

Spanish holidays are as popular as ever with continued increase for quality well managed self catering accommodation.

Support & training:

Lead in advice on both operation and website is offered if required.

Reasons for selling:

Further UK business interests now demand our attention.

Furniture / Fixtures value:

€38,000 (included in the asking price)

Website:

www.jonesvillas.com