Hotel for sale in the bay of s'Arenal in Palma de Majorca
A 2-star "hostel" type hotel comprising of 30 rooms. The building is situated in a residential and tourist area of s'Arenal and the large bay and beaches of Palma de Majorca. The hotel requires revitalization and offers numerous layout possibilities. The hotel is vacant and not exploited. Turnover details are not disclosed by the owners. Sale of premises and hotel license.
ID : ESPMS017
Price : 1 600 000 €
Recommended own capital: 1 000 000 €
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- Terms of sale : Premises
2* hotel type "Youth Hostel" comprising 30 rooms and 46 maximum spaces permitted in Arenal / The building requires renovation and offers numerous layout possibilities / After reform, the establishment can be operated year-round as a business hotel or as a youth hostel, or simply as a hostel.
The property has a surface area of 1,100 m2 / Plot of 344 m2 / 30 rooms / Hotel and bar-restaurant license / The hotel comprises on the ground floor: a covered terrace on the street, a reception, a bar and dining room, a kitchen and an open courtyard / A lift serves all the floors / 1st to 5th floor: rooms and private bathrooms / 6th rooftop terrace: a large terrace with sea and mountain views, a laundry area and lift machinery / Large basement of 239 m2 (formerly a nightclub) / Heating with oil boiler and hot water tank.
Set in a residential and tourist area 8 minutes' walk from a large beach and its palm trees, and a busy waterfront / Nearby water leisure center and marina / Location, served by two bus lines and a taxi rank / Free parking and parking around the hotel / Various shops, recreation and bar-restaurants nearby / Travel time to the airport: 8 minutes, and 25 minutes for the historic center of Palma.
Sale of the premises and the hotel license
Turnover not disclosed by the owners. The hotel is free and unexploited.
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GRAVITAO: Your opportunity to acquire a hotel or campsite
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