Back to Top

Add to Shortlist View Shortlist
Receive Email Alerts

Listing ID: 2283472

Stunning Boutique Guest House In Malaga Capital For Sale

Malaga Capital, Malaga, Andalusia, Spain

€ 2,150,000

(Furniture / Fixtures included)
(Real Estate Included)

Revenue: not disclosed

Cash Flow: € 100k to 250k

Business Description

We are selling a unique guest house in an old 1920s eclectic villa in Malaga's residential area Pedregalejo. Malaga enjoys over 5% increase in tourism per year and is currently one of the most sought after areas.

Extensive renovation on the house was finished in 2016. Every detail has been refurbished (plumbing, floors, electricity, windows, etc.) but as far as possible we have recycled the old materials such as floor tiles. There are currently 7 guest rooms, all with private bathrooms. The front of the house offers high standard living quarters for the owners with large entrance hall, living room and kitchen as well as four bedrooms upstairs. The plot measures ca 1000 square meter. The garden has been partly replanted.

The private quarters have floor heating and all guest rooms are equipped with aircon. Solar panels have been installed on the roof. Also, there is a private well with water in the garden.

The guest house is ideally located ca 200 yards from the beach and 10 minutes bus ride to the old town.

This is an ideal opportunity either for someone looking for a place to combine living and working or to convert into a fully professional boutique hotel. If run as a guest house with up to 15 guests no licence is required.

Basic furniture such as beds and linen plus bathroom equipment, lamps and some more furniture included. Option to acquire antique and vintage furniture and decorative items at additional price.

Property Details

Size:

ca 650 square meter

Years Established:

2016

Property Type:

Real

Real Estate Value:

€ 2,150,000

Other Details

Business Location:

Residential area, close to beach, close to old town.

Premise Details:

A refurbished 1920s villa with a large garden and parking. Currently 7 guest rooms, two of which are in detached bungalows in the garden.

Competition:

Several guesthouses operate in the area but none of similar standing and quality.

Expansion Potential:

Currently we are running the place as a guest house via airbnb and through our website. The house can easily be turned into a professional hotel by converting the current private bedrooms to guest rooms. This would add 3-4 extra rooms. The hall makes for a perfect reception area and the living room with fireplace is large enough to accommodate a full house. Installations for additional dishwasher, sink, ice machine etc have been made in the larder next to the kitchen. The attic on the first floor provides ca 120 sqm storage room. We have a licence to build a swimming pool. All pre-installations are in place.

Living Accommodation?

Yes
The front of the house offers four bedrooms and large luxurious living quarters for the owners.

Operation Details

Employees:

Part time employees

Miscellaneous

Reason For Selling:

Changes in family situation.

Contact this seller

Already a Member? login

Fields marked with a * are mandatory












CAPTCHA image
*Please enter the 5 digits as they appear in the image on the left.
 Yes I wish to receive the monthly newsletter and other emails directly from BusinessForSale.com
 I have read and agree with the Terms & Conditions & Privacy Policy