Hostal For Sale

Business description

This 2 Star Hotel is situated in the heart of the busy shopping area of Fuengirola. Set on two roads this property has 45 bedrooms on 5 floors. The reception is manned 24hours a day, a non resident bar provides extra income. A mixture of twin, double and triple rooms makes for an ideal scope to fill any potential clients needs. A laundry service and added rental equipment also provides extra income for the owners. Two floors have been totally refurbished to a high standard. A separate games room provides the guests with entertainment. 11 of the rooms have air condition units while the rest will have them as the refurbishment process takes place as and when the rooms are not being used. A working fireplace in the bar area gives a very cosy feel to it, being used both by residents and non residents opening from 8pm until late at the moment, with regular entertainment.The property has all the correct licences in place as well as the health and safety checks passed to operate a successful business. The business is offered with a 15 renewable lease and the current rent of 6900 euros per month.

Property information

Lease terms:

Sale Price: €510000

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