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3 apartments sold as 1
Incredible investment opportunity in Fuengirola, Costa del Sol!
Successful hostel with more than 25 years of history and with a license for 12 rooms (doubles and triples)
Great investment opportunity, with more than 85% occupancy in 2022 and 2023, 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 rooms with a private bathroom, another 3 rooms 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!
Property Features
- 12 bedrooms
- 10+ bathrooms
- 330m² Build size
- 1m² Plot size
- Commercial Area
- Beachside
- Close To Port
- Town
- Close To Shops
- Close To Sea
- Close To Town
- Close To Schools
- Close To Marina
- East
- West
- Good
- Communal Pool
- Air Conditioning
- Hot A/C
- Cold A/C
- Garden
- Pool
- Covered Terrace
- Near Transport
- Lift
- Ensuite Bathroom
- Private Terrace
- Double Glazing
- Fitted Wardrobes
- wifi
- Communal
- Gated Complex
- Electricity
- Drinkable Water
- Resale
Costing Breakdown
* Transfer tax is based on the sale value or the cadastral value whichever is the highest.
** The information above is displayed as a guide only.
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Mortgage Result
* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.
Spanish Property News & Updates by Spain Property Portal.com
In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.