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Investment opportunity. Hotel in Marbella, Costa del Sol, for sale.
Hotel + Cafe/ Restaurant + Comercial Premise
Hotel Ciudad de Marbella. This hotel building is located next to the Marbella Bus Station very close to the renovated Hotel Club Med Magna Marbella.
The establishment does have a building licence and also for hotel use.
On the main floor will be the hotel reception with a large cafeteria-restaurant to serve the guests as well as all the daily traffic of people as the bus station is right next to it. On this same floor we have a small commercial space which could be sublet or for example be used as a souvenir shop.
On the first floor we have 14 bedrooms with their respective bathrooms and fitted wardrobes.
On the first floor we have 26 rooms with bathrooms and fitted wardrobes plus 2 large rooms.
On the roof terrace we could set up a chillout area with good views of the mountains and the sea where guests from both the hotel and outside could enjoy drinks and informal meals.
The roof terrace could also be used for a small solar park.
The hotel is being sold as is. Refurbishment needs to be completed
HOTEL=1.292,60m2
CAFETERIA/ RESTAURANT=223,96m2
SHOP/ COMMERCIAL PREMISE =99m2
High profitability!!!!!!!!!!
Hotel + Cafe/ Restaurant + Comercial Premise
Hotel Ciudad de Marbella. This hotel building is located next to the Marbella Bus Station very close to the renovated Hotel Club Med Magna Marbella.
The establishment does have a building licence and also for hotel use.
On the main floor will be the hotel reception with a large cafeteria-restaurant to serve the guests as well as all the daily traffic of people as the bus station is right next to it. On this same floor we have a small commercial space which could be sublet or for example be used as a souvenir shop.
On the first floor we have 14 bedrooms with their respective bathrooms and fitted wardrobes.
On the first floor we have 26 rooms with bathrooms and fitted wardrobes plus 2 large rooms.
On the roof terrace we could set up a chillout area with good views of the mountains and the sea where guests from both the hotel and outside could enjoy drinks and informal meals.
The roof terrace could also be used for a small solar park.
The hotel is being sold as is. Refurbishment needs to be completed
HOTEL=1.292,60m2
CAFETERIA/ RESTAURANT=223,96m2
SHOP/ COMMERCIAL PREMISE =99m2
High profitability!!!!!!!!!!
Property Features
- 40 bedrooms
- 42 bathrooms
- 1,615m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
332,000€
Final Payment of 90% on completion
3,015,000€
Property Purchase Expenses
Property price
3,350,000€
Transfer tax 10%
335,000€
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.