Fuengirola , Costa del Sol
Incredible investment opportunity in Fuengirola, Costa del Sol!
3 apartments currently managed as a successful hostel with over 25 years of history and licensed for 12 bedrooms (double and triple) and 10 bathrooms (9 of which are en suite)
Great investment opportunity, with more than 85% occupancy in 2023 and 2024, guaranteeing safe profitability. This hostel is the only one that offers access to a very nice pool and gardens in Fuengirola, located a very short distance from the beautiful golden sand beaches, shops, the city center and the train station. The hostel has been in operation for more than 25 years, it has 12 rooms (some with a terrace overlooking the pool), 9 of the bedrooms feature private bathrooms, while the other 3 bedrooms share a full bathroom.
The Hostel has its own in-house laundry service.
The property is in very good condition, the sellers will offer transition support and training for the new owners.
All rooms are located on one floor with access by elevator and stairs. It is sold with all commercial contacts, fully furnished and equipped.
The Hostel, recognized for its cleanliness, quality and customer service, is a unique opportunity to undertake in the tourism sector. Contact us and discover this real estate gem on the Costa del Sol!
€ 1,350,000
Description
Characteristics
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Cost
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Energy Label
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Location
Reference: R4914217
FuengirolaCosta del Sol
Spain
History
The price does not include expenses and taxes. The additional costs to the price to be paid by the buyer are: New home/1st Transfer Value Added Tax (VAT) 10% (or 4% in the case of protected housing); or in the case of 2nd and/or Subsequent Transfers, Transfer Tax (ITP) 7%. In addition, the formalisation in public document of the purchase contract (deeds) is subject to AJD Stamp Duty (AJD Actos Jurídicos Documentados) 1.2% on the purchase price, registration and notary fees. You have at your disposal a copy of the corresponding information sheet of this property in our office according to Decree 218/2005 of 11 October.
Can we help you?
Buy and sell with confidence
We are happy to help you find your new dream home or sell your existing Spanish home. Good guidance will save you a lot of stress and ensure that you will not be faced with unpleasant financial surprises. Just contact us and we will be happy to help you!