€ 480,000
Hotel for sale in Algeciras, Cádiz
- 378 m2
- 15
- 5
Description
Exceptional Investment Opportunity in the Heart of Algeciras: Entire Building with Unique Versatility
Are you looking for a real estate asset with an unbeatable strategic location and extraordinary profitability potential? We are offering for sale this versatile entire building located right in the nerve center of Algeciras, just a few meters from the Port of Algeciras and the iconic Plaza de Abastos. An area with high pedestrian and commercial foot traffic, perfect for any type of business project.
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Property Layout and Features
The building has a constructed area of 378 square meters, complemented by a practical interior courtyard. Currently, the property is laid out as follows:
Ground Floor: Designated for commercial use (currently operating as a hospitality/kebab establishment and storage area). It features direct street access, high visibility, and a corner shopfront.
First Floor: Fitted out as a hostel, featuring multiple rooms/bedrooms, bathrooms, service restrooms, and distribution hallways fully equipped for accommodation activities.
Second Floor / Roof Level: Features a spacious walk-on rooftop terrace with a storage room and a laundry/service area.
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Business Ideas and Versatility: One Property, Endless Possibilities!
Thanks to its strategic location and generous surface area, this building offers a unique range of possibilities in the area, making it ideal for conversion or adaptation to the following projects:
1. Hotel Project or Tourist Accommodation (Hostel / Boutique Hotel / Tourist Apartments):
Given its proximity to the Port of Algeciras — a key gateway connecting to Africa and a point of high tourist and business influx — accommodation demand remains constant throughout the year. The building lends itself perfectly to being modernized and converted into a charming hostel or a high-yield tourist apartment block.
2. Restaurant and Gastronomy Business:
The ground floor is ideal for setting up a large-format restaurant, a brewery, or an Andalusian tavern, taking advantage of the commercial synergy of being right next to the Plaza de Abastos. In addition, there is the option to adapt the upper floors as private dining areas, private lounges, or living quarters for the business managers themselves.
3. Subdivision Option (Real Estate Flexibility):
As it is a single registered property with multiple floors and accesses, there is the possibility of subdivision, allowing the ground floor commercial space to be separated from the upper floors. This opens the door to a mixed investment strategy: leasing out the commercial space on one hand and operating or selling the floors independently to maximize return on investment (ROI).
4. Corporate Offices or Business Center:
An ideal location to host logistics company headquarters, customs agencies, professional offices, or a coworking center due to its commercial and port proximity.
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Strategic Location
Located on the corner of Teniente Maroto and Teniente Riera streets, the building enjoys a privileged location. In its immediate surroundings, you will find:
The Port of Algeciras, one of Europe's most important international ports.
The Plaza de Abastos, the central market, which guarantees a steady flow of local shoppers and visitors.
All kinds of shops, administrative offices, public transport services, and leisure areas.
A real estate gem with guaranteed financial returns and multiple avenues for commercial exploitation!
Features
- Hotel
- Bedrooms: 15
- Bathrooms: 5
- Build Size: 378 m2
- Energy Certificate (Consumption): A
- Energy Certificate (Emissions): A