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17 Bedroom Commercial - Hostel In Marbella, Spain (ref. 30361956)
Date & Time Listed: 2018-10-08 10:17:05 (GMT)
Fully licensed hostel with kitchens and bar in the centre of Marbella, 200m from the beach and right next to the old town.
Set in a quiet street, typical of Andalusian towns, with plant pots lining the side, it breaks away from the modern block-like hotels, and returns to the essence of the true Costa del Sol.
This ideal commercial investment has 8,4 rating on Booking, 100% occupancy from May to October and is a profitable business.
It has 17 bedrooms and 19 bathrooms, of which 13 are double, 3 are single and 1 triple.
The running costs are low, with minimum staff required. At present the kitchen is not being exploited, however it has all the permits for preparing and serving food and drinks.
The location is excellent, as Marbella centre has an all year tourist season, and unlike some resorts does not depend only on summer trade.
The hostel could be turned into a Tourist Apartment establishment, reducing costs even more.
An excellent proposition for both a family business as well as a cold headed commercial investment.
Although it does not have a garage, there are public carparks nearby.
Number of Bedrooms: 15+
Number of Bathrooms: 15+
Price: 1,700,000.00 EUR
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