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Central Hotel With Andalusian Style In Torremolinos For Sale

Torremolinos, Malaga, Spain
Asking Price:
€2,500,000
Turnover:
Available on request
Net Profit:
Available on request

Fully Operational hotel in Torremolinos Urban Center in close proximity to access of del Bajondillo beach!

3 star Hotel with a marked Andalusian style located near the lively calle San Miguel the most commercial street in Torremolinos.

The international airport of Málaga is located 7km away (8 minutes) and is connected by commuter train with a stop in the center of Torremolinos that is located just 100m from the hotel.

Includes 30-40 single and double rooms with prices in the range of 60 to 150 EUR respectively. The hotel also has a website available. All the rooms overlook andalusian patios and exterior eye-pleasing areas.

It has recently reformed bathrooms and the furniture is in a good state of conservation. Common areas as well as electrical installations are also well preserved. Includes cafetería-restaurant in the ground floor. The hotel has another commercial premise on the ground floor that is currently closed, but it would be ideal to incorporate it to expand the food service offerings of the hotel.

The hotel building has a rooftop that is currently for the use of one of the rooms in the top floor, and it would also be interesting to incorporate this surface to the food service activities of the hotel. The cafetería-restaurant has available a terrace area.

The hotel is managed with 10 employees that could be subrogated in the acquisition of the company should if so decide the buyer.

The Hotel has available an important number of parking places that are included in the Price.

The hotel is open all year round, in high season is fully booked, is an excellent opportunity, because is already functioning, in a perfect state of conservation and generating income.

When listening to payment in instalments offers, this enables a clear financial levarage transaction.

Payments in installments accepted!

Property Information

Location:

Nowadays, Torremolins is a cosmopolitan city, with sunshine 300 days a year and a 7km blue flag beach.