€ 64,000,000
Hotel for sale in Golden Mile, Marbella, Málaga
- 11 m2
Description
Located on the prestigious Marbella Golden Mile, this hotel represents an excellent investment opportunity in one of the most exclusive tourist destinations on the Costa del Sol.
The asset, built in 2002, sits on a large plot of 4,349.07 m² and has a built-up area of 10,716 m². It offers 163 rooms, providing an ideal capacity for the high-demand hotel market in the area.
Currently, the hotel is operated under an operator agreement, generating an annual income of €2.4 million, with a contract in force until September 2024. It has a solid average occupancy rate of 84%, reflecting its strong positioning and operational stability. In addition, there is an option to renew the contract.
As added value, there is interest from another operator willing to match the current income and make an investment of €8 million aimed at the full refurbishment of the rooms, which could open the door to a significant increase in the asset’s value.
Overall, this is a well-established asset, with recurring income and improvement potential, located in one of the most sought-after locations in the Spanish hotel market.
Features
- Hotel
- Build Size: 11 m2
- Energy Efficiency Rating: In Progress