Building for Sale

Fantastic apartment hotel located in an exceptional beachfront location on Costa Blanca with access to pristine golden sandy beaches. Tucked away in a quiet cul-de-sac, yet conveniently close to all amenities. Consists of three buildings spanning three floors each, along with storage spaces. The building has 25 apartments and 3 double rooms. Unit 1 has three double studios with spacious bathrooms and plenty of natural light, which serve as traditional hotel rooms. In addition, there are six duplex apartments, each with a large double bedroom, a bedroom with four beds, two bathrooms and a toilet. The upper floor has an open-plan American kitchen, a living room, and a cozy patio. At the end of the corridor there is another duplex apartment with similar features, plus an additional double bedroom and a spiral staircase leading to an attic with another double bedroom and a solarium. Units 2 and 3 have direct views of the Mediterranean Sea and are spread over three floors. Unit 2 comprises the reception area, a lounge, and rented offices on the ground floor. The lower-level hosts theater-style conference rooms, which can seat up to 150 people, along with a hall and restrooms. Gymnasium, fully equipped with sauna, changing rooms and showers, is also located on this level. Upstairs there are five one-bedroom apartments with bathrooms, American kitchens and living rooms. The terraces overlook the pool and beach and have spiral staircases leading to a solarium, with stunning views of the endless golden sandy beach and the sea. The upper level of Unit 3 contains four one-bedroom apartments with en-suite bathrooms, American kitchens, and living rooms. On the lower level there is a beach restaurant with two private dining rooms, a fully equipped kitchen, and a service area for the staff and this is rented out on long term contract. The pool, centrally located in the middle of the three blocks, offers panoramic views of the beach and the Mediterranean Sea. All furniture in the hotel is new and all kitchen reformed so it is a high class on all facilities. The hotel is connected to major platforms in the world for booking and all license that is necessary, is in place and everything legal. There is a very high rate of repeat clients coming back year after year and book directly. The hotel is sold completely with all furniture and equipment in reception and restaurant kitchen and bar. It is up and running with very high occupancy level and with good profit. All staff is willing to continue with a new owner. All numbers of income, cost, occupancy, staff etc. available against signed NDA. Reason for selling is very high age of the owner who wants to retire. Seller is interested to discuss different kind of finance setup in order to help buyer. The hotel is in a Spanish S.L. and owner is selling the shares in the company and therefore will be no tax to pay for buyer. There is a valuation from Tinsa from 2023 with estimate value to 3,5meuro.[IW]