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Panoramic Sea View Hotel In Torremolinos For Sale

Torremolinos, Malaga, Spain
Asking Price:
€5,000,000
Turnover:
On request
Net Profit:
On request

An opportunity to acquire a substantial 3-star hotel with more than 100 guest rooms and panoramic Mediterranean Sea views in Torremolinos, Costa del Sol. Offered at €5,000,000 and available free of an existing operator, this 12-storey hotel features extensive hospitality facilities, upgrades completed in 2018 and opportunities to develop its current operating concept.

Occupying a plot of more than 2,000 m², with a constructed area exceeding 5,000 m², the hotel enjoys an elevated position surrounded by villas and low-rise buildings. All guest rooms feature spacious terraces with unobstructed panoramic sea views. The property includes swimming pools, a functioning restaurant and bar-café, landscaped garden terraces, reception areas and a small meeting lounge.

The hotel is situated close to Benalmádena Marina, with access to the A-7 road network and rail connections to Málaga, Málaga Airport and high-speed rail services. Its position within the established Costa del Sol tourism market provides convenient access to beaches, leisure attractions and transport infrastructure.

A partial refurbishment in 2018 included upgrades to air-conditioning equipment, lifts, kitchen facilities, electrical panels and fire protection systems, alongside façade treatment and repainting. The kitchen features two refrigerated chambers, a freezer chamber and equipment, much of which was purchased and installed in 2018. Dedicated maintenance areas, storage rooms, offices and staff facilities support the hotel's operations.

The property can continue operating in its current configuration, while offering opportunities to reposition its hospitality concept, extend the operating season and pursue additional revenue. Its operator-free availability provides an incoming purchaser with flexibility to establish their preferred management arrangement.

Enquire today to explore this €5 million hotel investment opportunity in Torremolinos and request further information about the property and its operating potential.

Property Information

Real Estate:

Real Property Included

Location:

The hotel occupies an elevated position in Torremolinos on Spain's Costa del Sol, close to Benalmádena Marina.

Surrounded by villas and low-rise buildings, the 12-storey property enjoys extensive visibility and unobstructed panoramic views towards the Mediterranean Sea.

The location provides access to the A-7 road network and railway connections serving Málaga, Málaga Airport and high-speed rail services.

Torremolinos forms part of the established Costa del Sol tourism destination, offering access to beaches, leisure attractions and extensive visitor infrastructure.

Premises Details:

This substantial 3-star hotel comprises more than 100 guest rooms arranged within a 12-storey building, occupying a plot exceeding 2,000 m² and providing more than 5,000 m² of constructed space.

All guest rooms feature spacious private terraces with panoramic Mediterranean Sea views, benefiting from the hotel's elevated position.

The ground floor includes swimming pools, an operational restaurant and bar-café, reception facilities, landscaped garden terraces and a small lounge previously used for meetings.

The commercial kitchen is equipped with two refrigerated chambers, one freezer chamber and catering equipment, much of which was installed in 2018.

Dedicated operational areas include maintenance facilities, storage rooms, offices, a boiler room, pumping equipment, cistern access, staff changing rooms and bathrooms.

A partial refurbishment completed in 2018 included upgrades to air-conditioning equipment, lifts, kitchen facilities, electrical panels and fire protection systems, together with façade treatment and painting.

The hotel is presented in good condition and can continue operating in its existing configuration.

Size in square feet:
Constructed area exceeding 53,820 sq ft

Business Operation

Expansion Potential:

The hotel offers opportunities for an incoming operator to reposition its existing hospitality concept and explore ways to extend the operating season.

With more than 100 guest rooms, panoramic sea-view terraces, swimming pools, restaurant and bar-café facilities, landscaped outdoor areas and a meeting lounge, the property provides an established platform for reviewing accommodation and hospitality services.

The hotel can continue operating in its current configuration, while the improvements completed in 2018 provide an existing operational foundation.

Available free of an existing operator, the property offers purchasers flexibility to introduce their preferred management approach and evaluate opportunities to increase revenue through changes to the current concept.

Competition / Market:

The hotel's elevated position, panoramic Mediterranean Sea views and spacious guest room terraces provide distinguishing features within the Torremolinos hospitality market.

Its 12-storey building rises above the surrounding villas and low-rise properties, offering prominent visibility and extensive coastal views.

With more than 100 guest rooms, swimming pools, restaurant and bar-café facilities, landscaped terraces and a meeting lounge, the hotel provides a broad range of amenities within a single property.

Its proximity to Benalmádena Marina and transport connections further supports its appeal within the established Costa del Sol tourism market.

Listed by

Enajena Inmuebles Real Estate Agency S.L