Hotel & Restaurant Con Encanto In Almeria Province For Sale

Business description

For urgent private reasons this property has to be sold fast.

This beautiful project is perfectly postioned in an authentic romantic "white" Spanish Village within the mountain of "Sierra Alhamilla". The project is of a very high quality been expanded approx. 4 years ago by new owner. All 16 rooms are different in size and decor. This village is 45 km away from the capital Almeria. The hotel offers all different services and facilities. The Hotel/Restaurant has a good reputation. Many interesting small villages and sightseeing places are within distance of 25 km: Caves, pottery production, racing track, Mini Hollywood (film production, large Solar Plant, beaches, etc.

A bank mortgage of € 385'000 and a bank loan of € 70'000 have to be taken over, not included in the sales price.

Several payment modes are possible: Part-payment, down payment and take over the management, etc.

Property information

Real Estate:

Real Property Included

Living accommodation:

The hotel has 16 rooms. The clients can select from the internet three different categories: Standard, Deluxe and Junior Suits.

Location:

The village belongs to the district of Almeria and lays in the mountain of "Sierra Alhamill" and has approx. 550 inhabitance.

C/Maestro Paco 6, 04210 Lucainena de las Torres AL

Premises details:

See sales documentation

Other information

Expansion potential:

The province of Almeria has a great future since prices are still affordable and it is currently the fasted growing region in Spain. All services of Restaurant, Hotel and Catering can be expanded since the kitchen facilities can cater for it. The traditional Spanish dishes can be expendet to add Gourmet level dishes. Currently most of the clients of the hotel are clients of the nearby Racing Track. The internet marketing specially in the UK can be expanded.

The Object could easely converted into a beauty farm, private hospitel or home for pensioners, etc.

Competition / Market:

Venta el Museo is the only "Hotel con Encanto" (4 star hotel not qualified) within 45 km range. In no other hotel within the same range is Spanish, English, German and Italian spoken.

Support & training:

Take over period can be discussed with owner running the project. Existing employees can be taken over.

Reasons for selling:

One owner became very ill and an other shareholder passed away

Trading hours:

24 hrs.

Financing available:

through bank yes

Furniture / Fixtures value:

€300,000 (included in the asking price)

Inventory / Stock value:

€20,000 (included in the asking price)

Website:

www.ventaelmuseo.com