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Aparthotel In Torremolinos For Sale

Torremolinos, Malaga
Asking Price:
€6,000,000 Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

This Aparthotel is situated in a very quiet residential area in the very popular resort of Torremolinos on the Costa del Sol. Torremolinos is the original little fishing village turned into one the most well known resorts in the world. A sleepy town during the day with first class beaches like Bajondillo and top quality fish restaurants in the Carihuela. At night, Torremolinos comes alive with its never ending nightlife.
This business consists of 18 studios (which sleep 2), completely furnished with terraces and kitchens, 24 one bedroom apartments (which sleep 4) fully furnished with terraces and kitchens and 1 tower 2 bedroom apartment,which sleeps 4, fully furnished with terrace and kitchen.
The premises are situated in grounds of 2,331m2 with the following facilities: Fully equipped laundry. Fully equipped kitchen. Linen store. Store room with bathroom. A small enclosure with water heater for solar panels. 2 additional water heaters for solar panels on the roof. Reception area
Store room at the rear of the reception. An office with telephone and safe. Store room for garden equipment
Pump room. 40,000 litre water deposit. Large swimming pool with showers and toilets. 3 fountains. Communal terraces and gardens
The construction extends to some 2,081.13m2 + 60m2 for a small bungalow made up as follows:
1,842.13m2 for the apartments, 42m2 for the tower apartment, 283.43m2 of terraces and 95.93m2 for access areas.
The area not occupied by the buildings is designated for access, parking, gardens, terraces and swimming pool.
It would be possible to extend the premises in with an additional floor, subject to planning consent from the local authority.
THIS HOTEL/HOSTEL IS OFFERED ON A STRICTLY PRIVATE & CONFIDENTIAL BASIS AND LETTERS OF INTENTION FROM ANY POTENTIAL BUYER WILL BE NEEDED BEFORE FURTHER INFORMATION IS DISCLOSED

6 MILLION EUROS +3% Acquisition fees

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