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Ref: M270142
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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2-Star Hostal for Sale in Nerja: A Perfect Investment OpportunityDiscover the charm and elegance of this exquisite 2-star Hostal located in the heart of Nerja. With its boutique hotel ambiance, modern and spacious rooms, outstanding reviews, remarkable longevity, high occupancy rates (with almost full summer bookings for the next season), and impressive profitability, this property offers an exceptional investment opportunity. Moreover, its convenient location places it just a minute's walk away from the renowned 'Balcon de Europa' and the vibrant 'Tutti Frutti Plaza.'Featuring 14 contemporary and roomy guest rooms, each with its own en-suite bathroom, some even offering breathtaking sea views, this Hostal provides a delightful experience for its visitors. The establishment also boasts reception areas, a magnificent rooftop terrace where guests can enjoy breakfast and brunch, a 12-person jacuzzi overlooking the sea, sunbeds, and convenient guest showers and bathrooms.For the owners' convenience and privacy, a separate private area with a kitchen is available, originally designed as accommodations for the previous owners when the hotel consisted of 10 guest rooms alongside the owners' living quarters.Maintained in impeccable condition, this property represents a turnkey investment opportunity. The owners are even willing to offer seller financing, along with transitional support and training for the buyers, ensuring a smooth transition of ownership.Viewing Arrangements:We kindly request interested parties to note that this sale is confidential, and the staff on-site may not be aware that the business is on the market. To arrange viewings and obtain further information, please contact the vendor's agent. Direct approaches to the premises should be avoided to maintain confidentiality and ensure a professional viewing experience.
Property Features
- 14 bedrooms
- 14 bathrooms
- 490m² Build size
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
147,000€
Final Payment of 90% on completion
1,350,000€
Property Purchase Expenses
Property price
1,500,000€
Transfer tax 10%
150,000€
Notary fees (approx)
600€
Land registry fees (approx)
600€
Legal fees (approx)
1,500€
* 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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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.