Smaller Hotels for sale in Marbella Old Town

REF:	Type:	Beds:	Baths:	Price:
SB1296	Smaller Hotels	17	12	168,000€

Description

This Budget Hotel was originally a 17th Century Inn owned by Monks and used as a place of lodging for traveling pilgrims. Now it is a haven for backpackers and world travelers, providing clean comfortable rooms, a large bar, sitting area with pool table, and a log fire in winter - which makes for a great social scene. Mentioned in all the guide books, Lonely Planet, Time Out, Lets Go, Guide de Routard etc.
The sellers have operated the business for over 17 years and now wish to retire.
Located in the middle of the Casco Antiguo, the beautiful old town of Marbella. Surrounded by typical Andalusian streets, good bars and restaurants, and a 5 minute walk from the beach.
This is a 3 in 1 business with accommodation for 30 at an average of 25 Euros per person and 100% full in the high season and 60% in the winter the revenue is excellent.
Apart from rooms the business has an active and popular residents bar and the captive clientele use this facility throughout the day and evening.
The hostel offers breakfast and an evening meal, pre booked, this is charged separately and offers extra revenue.
The hostel has an attractive roof terrace where you can chill out or sunbathe and offers free WiFi internet access for those with laptops.
Monthly rent on a 10 years contract is 2300 Euros.
Offered as a leasehold at 168,000 Euros.
Freehold available at 1,200,000 Euros.
Beach Bars - Restaurants - Hotels - Bar/Cafes - Pubs - Discos on the Costa del Sol, request our listings at info@spanishbars.com
Long term quality rental homes check out www.jacarandarentals.com

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Smaller Hotels for sale in Marbella Old Town

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