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Profitable Hotel In Old Town Marbella For Sale

Marbella, Malaga
Asking Price:
€2,790,000 Furniture / Fixtures included
Sales Revenue:
€250K - €500K
Cash Flow:
Available on request

The beautiful 10 room B&B, fully equipped boutique style, renovated in 2018, is situated in the heart of Old Town Marbella, 3 minutes away from the beach, sorrounded by a huge selection of international restaurants, shops and bars. The essence of this property is a feeling of old school luxury while enjoying the marvellous Old Town arcitecture and extensive offerings.

This beautiful and elegant property in the top 3 positions on Tripadvisor, recommended by Michelin Guide and 9.2 on booking.com, has been successfully operated since 2004 offering a distinctive mixture of tradition, luxury and elegance.

The fruitful partnership with a prestigious italian arhitect converted a beautiful hostal into an old luxury boutique hotel with a beautiful reception area, new spectacular coffee/wine lounge with outside terrace and an exclusive shop on the ground floor, a pictureque staircase which leads to the rooms distributed to all 3 floors and a new elegant and intimate residents-only rooftop terrace on the top floor. This B&B offers 425sqm living space over 3 floors, including patios, balconies and rooftop terrace and is built on a plot of approx. 128sqm in prime location of the city center Marbella.

Each of the 10 bedrooms has its own unique design, en-suite bathroom, light colours and has been redecorated with handpicked high quality furniture. 4 rooms are situated on the first floor, all with balconies, 4 on the second, all with either balconies or patios and 2 on the third floor (one with private terrace). Here we also find an exquisite rooftop terrace garden used exclusively by its residents.

The building also features an elevator facilitating access to all rooms.

A great opportunity to acquire a profitable business in prime location (annual income in excess of 300k – other metrics reports on request), with an extensive client database and with high growth potential. Could be operated year around. Excellent brand identity, healthy repeat guest levels and strong customer relations, respected within local community, excellent supplier contacts and support. No outstanding debts.

The whole property is beautifully maintained and the asking price includes all hotel furniture and equipment.

Facilities (On Site)
• Lounge with bar
• Outside terrace
• Elevator
• Kitchen
• Storage room
• Exclusive shop (souvernirs, cosmetics, perfumery)
• Fully Furnished
• Fully equipped rooms (TV, hairdryers, luxury cosmetics, premium-high quality towels and beddings, shower caps, slippers)
• Air conditioning
• Balcony/Terrace
• En-suite Bathrooms
• Rooftop terrace
• Mountains Views
• Laundry room
• Internet ADSL Wi-Fi Included
• Marble floors
• Telephone
• Alarm System
• Video Surveillance

Facilities (Nearby)
• Old Town Marbella
• Beach, close to the sea
• Restaurants, shops, bars
• Public transportation
• Parks, all services

Business presentation, photos and financial information available on request..
Offered freehold at €2,790,000

Property information

Real Estate:

Real Property Included

Location:

Old Town Marbella sorrounded by a huge selection of restaurants, shops and bars, close to City Center services, 3 min from the beach

Premises Details:

425sqm living space over 3 floors, including patios, balconies and rooftop terrace
built on a plot of approx. 128sqm in prime location of the city center Marbella.

Size in square feet:
425
Planning Consent:

Valid licenses & permits

Business Operation

Expansion Potential:

Could be operated year round, very high growth potential

Trading hours:

Operates on specific client requirements

Employees:
5-10
Years established:
15

Other Information

Support & training:

Full assistance in all ways

Home based:
This business can be run from home.

Contact Information

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