Hostel for sale in Marbella Ref: X-6P7-HCX

€ 1,200,000
20 21 Ref: X-6P7-HCX
€ 1,200,000 20 21

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Built 540
A Hostel with 20 rooms situated in the heart of Marbella town and only 7 minutes walk from the beach and a few minutes walk from the beautiful Marbella Old Town. This property has plenty of potential for growth. An established business for many years, the owners are now ready to hand over to someone younger!! There are 4 floors to the property. The ground floor offers the reception area of the hostel. On the first floor there are 3 rooms (2 doubles and a single), the second floor offers 10 rooms (8 doubles and 2 singles) and the 3rd floor has a further 7 bedrooms (6 doubles and a single) and a nice terrace of 45m. Currently each room offers a wardrobe, TV and shared bathroom.
There are several scenarios to improve the business. Reforming the rooms so that all had its own private bathroom would reduce the number of bedrooms but would significantly increase the room rate. Included in the price are two commercial premises (currently unused) that are adjacent to the hostel and could easily be converted to a restaurant or café, thereby increasing services the hostel can offer. All the premises are freehold. Double rooms are approximately 12m and single rooms are 6m.

Nearby places

Fees, Energy Rating

Fees
Community Fees Not Available
Basura Tax Not Available
IBI Fees Not Available
Energy certificate
The energy certificate is pending

Average prices for Marbella

This property
Price € € 1,200,000
Price per m² (built) € 2,222
Price per m² (plot)
Hostel
Price € € 1,600,000
Price per m² (built) € 2,814
Price per m² (plot)
This information is not available.
This property is not available for long-term rental.
Hostel
Price €/month € 3,800
Price per m² (built) € 8
Price per m² (plot)
There is no available properties in this area.
There is no available properties in this area.

All features

Category

Climate Control

Condition

  • Fair Condition

Features

Furniture

Garden

Kitchen

Orientation

  • West Facing

Parking

Pool

Security

Setting

  • Town
  • Close To Shops
  • Close To Sea
  • Close To Town
  • Close To Schools

Utilities

Views

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