Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Hostel Front The See In Villaricos for Sale

Villaricos, Almeria, Spain
Asking Price:
€485,000
Turnover:
Not applicable
Net Profit:
Not applicable

• Fantastic investment opportunity. Hotel/pension with restaurant and apartment located on the seafront of the beautiful and charming fishing village of Villaricos, Almeria. It is a unique opportunity facing the sea, surrounded by a magnificent marine atmosphere, with restaurants, shops, a medical center, schools, public transport, and countless sandy beaches. Very close to the popular towns of Vera, Garrucha, and Mojácar.

• The property has a built area of ​​563 m2 plus terraces with East and South facing (plenty of sun and great sea views) developed on a plot of 466 m2.
• On the ground floor we locate the restaurant (with license), with a 263 m2 floor area and a terrace of 63 m2 with sea views, with an approximate capacity for 20 tables inside and for another 20 tables outside, with a bar area, industrial kitchen, a storeroom, toilets for clients, a barbecue area, and reception for the hotel. On the first floor, we find the hotel (with a pension license from 2010) with 9 rooms of different sizes and private bathrooms each. Two of them are frontal to the sea, the other two have side views, and the rest overlook an interior patio. On this same storey, there is also an apartment that can be used by the owners or transformed into new rooms for clients, with 3 bedrooms, a bathroom, a kitchen, and a large terrace with unbeatable sea views. On the top floor, we find a small laundry area and a private roof terrace.
• Both the hotel and the restaurant are currently out of business and without a license. Reform is necessary to restart the activity, as well as to obtain a new license and value this magnificent investment opportunity in an enviable location.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

There is an apartment in level 1 of the building with 3 bedrooms one bathroom and kitchen. Needs a full renovation.

Location:

Villaricos, Cuevas del Almanzora, Almeria, Spain

Premises Details:

Hostel with restaurant and apartment for sale. Needs full renovation. License expired.

Business Operation

Expansion Potential:

Currently the hostal has a huge restaurante that can be removed (or reduced) using the space to build more rooms. Also the apartment can be turned into additional rooms.

Competition / Market:

Villaricos y a tiny fishermans neighborhood belonging to the municipality of Cuevas del Almanzora, Almeria. There are only 2 small hostels in the town but the area (within 15 km around) offer endless leisure option for visitors and popular towns like Mojacar or Vera.

Reasons for selling:

The property belongs to a company which is focused on develop a golf course near Villaricos.

Employees:
0

Other Information

Related Documents: