€ 64,000,000
Hotel for sale in Golden Mile, Marbella, Málaga
- 11 m2
Description
Located in the prestigious Golden Mile of Marbella, this hotel represents an excellent investment opportunity in one of the most exclusive tourist destinations on the Costa del Sol.
The property, 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 optimal capacity for the high-demand hotel market in the area.
The hotel is currently operated by an operator, generating an annual income of €2.4 million, with a contract in force until September 2024. It has a strong average occupancy rate of 84%, reflecting its good 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 €8 million investment to carry out a comprehensive renovation of the rooms, which opens the door to a significant revaluation of the asset.
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.
Price: €64,000,000 + 2% fees
Features
- Hotel
- Build Size: 11 m2
- Energy Efficiency Rating: In Progress