7 bedroom Commercial Property for sale

7 bedroom Commercial Property for sale

Busquístar, Granada
900,000
 
  • 7 bedroom Commercial Property for sale
  • 7 bedroom Commercial Property for sale
  • 7 bedroom Commercial Property for sale
  • 7 bedroom Commercial Property for sale
  • 7 bedroom Commercial Property for sale
  • 7 bedroom Commercial Property for sale
  • 7 bedroom Commercial Property for sale
  • 7 bedroom Commercial Property for sale
  • 7 bedroom Commercial Property for sale
  • 7 bedroom Commercial Property for sale
  • 7 bedroom Commercial Property for sale
  • 7 bedroom Commercial Property for sale
  • 7 bedroom Commercial Property for sale
  • 7 bedroom Commercial Property for sale
  • 7 bedroom Commercial Property for sale
  • 7 bedroom Commercial Property for sale
  • 7 bedroom Commercial Property for sale
  • 7 bedroom Commercial Property for sale
  • 7 bedroom Commercial Property for sale
  • 7 bedroom Commercial Property for sale
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Property marketed by Another Way Of Life S.L.
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A rare opportunity to purchase an exceptional rural hotel in the Sierra Nevada natural park.
This truly outstanding property is located near Trevélez, famous as one of the highest villages in Spain. The hotel is set in 31,000 m² of typical Alpujarran landscape, surrounded by chestnut and oak trees amongst others, with stunning views of the mountains. Prior to Covid19 the business had been functioning as a bed and breakfast and has fantastic booking.com ratings 9.8 and is a multiple traveller’s choice winner on tripadvisor, indeed it has no negative reviews at all.
The property, purpose built as a rural hotel has five enormous guest rooms and is finished to an exceptionally high standard; the attention to detail is incredible, no expense having been spared, with traditional fixtures and fittings throughout. Access from the road is easy, via a short driveway.
All guest rooms are individually designed and have a door opening to the beautiful, open cobbled internal courtyard, also another door leading to either a terrace or the suspended, wide wooden walkway that wraps around part of the property. Views from these areas are particularly beautiful. The rooms are all spacious with relaxing seating area, super king size bed, wood burner, central heating and luxurious ensuite shower or bathroom.
Breakfast is served in the large library/dining room. The room has a wall of bookshelves, quality furniture and an open fire. From here is a hall with two small rooms that are ready to be converted to public bathrooms should the new owner wish to expand the capacity of the hotel. Also from here is the Alpujarran style kitchen/breakfast preparation area with a large pantry/food store. From the hall there is also access to the boiler room and garage. The central heating boiler is oil fired and is zone controlled; hot water is via a solar powered system. The garage has room for parking plus storage. There is a separate reception building with traditional chestnut beam and slate ceiling which could potentially be converted into further accommodation.
The spacious owner’s living accommodation is above and behind the hotel and has its own entrance. It comprises of an entrance hall giving access to a tiled family bathroom with walk-in shower and a large double bedroom. The huge open plan living/dining/kitchen has an open fire and two wood burners. The kitchen has quality fitted wooden units. At the far end of the lounge is the master bedroom with a large ensuite and fitted wardrobes. The bedrooms could be converted to guest accommodation if expansion of the business is required.
The property has a separate building for the high quality, modern solar system and backup industrial diesel generator. There are two water deposits, a smaller 90,000 litres one fed from a spring which then gets pumped in to a larger deposit of 375,000 litres.
The land is typical of the area: left to nature but well looked after. There are many different trees and shrubs providing lovely calming places to walk or just sit and enjoy the stunning views.
The ‘little garden’ area is a wonderful established garden with circular wooden pagoda, outside shower and a huge variety of flora and fauna.
This property needs viewing to appreciate the attention to detail and quality of the hotel. A fantastic proven business opportunity.

Property Features

  • 7 bedrooms
  • 7 bathrooms
  • 870m² Build size
  • 31,000m² Plot size
  • Garage
  • Easy Access
  • Plenty Of Water
  • Tranquil Location
  • Water Deposit
  • Outbuildings
  • Mountain Views
  • Panoramic Views
  • Wood Burning Stove(s)
  • South West Facing
  • Parking Area
  • No Near Neighbours
  • Very Private
  • Central Heating
  • Mature Gardens
  • Patio
  • Currently Run As B & B
  • Furnished
  • Immaculate Condition
  • Fenced Plot
  • Water - Spring
  • Electricity - Solar Power
  • Good Rental Potential

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
87,000€
Final Payment of 90% on completion
810,000€
 
Property Purchase Expenses
Property price
900,000€
Transfer tax 10%
90,000€
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.

Mortgage Calculator

Mortgage Amount:
900,000€
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* 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%.

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Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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