Spanish Commercial Properties For Sale

Business description

Developer of Premium Spanish Commercial Properties
Close to the main tourist resorts of the Costa del Sol

This prominent commercial property development company was founded in Spain in 2002 by the Vendors with a generous combination of innovative insight and entrepreneurial spirit.

The business operates from a prime location in Andalucia.
The primary aim of this company is the development of high quality commercial opportunities and some residential dwellings in selected markets in Spain.
The company has expertise in land acquisition, hotel and home design, and the development of supporting infrastructure which improves the customers’ quality of life and adds value to their homes.
The company is currently applying its skills and resources in a substantial hotel development in a busy and popular visitor area in Andalucia, consistent with its stated aim of providing outstanding lifestyle environments in premier locations.
Development profile
The current development under management is a Bijou Hotel in an excellent location with uninterrupted views of one of the region’s most beautiful and popular lakes close to other popular coastal resorts, with outstanding views of the mountains and lowlands.

Current planning permissions relate to the construction of the Hotel but the Vendor is informed that there is a likelihood of obtaining new permission for the change of use to domestic apartments.

The development is near one of the main tourist resorts of the Costa del Sol, located in the eastern part of the Coast and capital of the Axarquia region. This area is developing rapidly and building a reputation for high quality western restaurants, hotels and facilities.

The region offers an excellent climate, a rich artistic heritage, an interesting selection of cultural, leisure and sports activities, excellent commercial possibilities, a modern and complete hotel network, exquisite gastronomy and many traditions and festivities.

The property covers discrete area and a location with unobstructed views with excellent drainage facilities, water and electricity supply. The topography of the land allows for ease of construction.

The ethos of the development has been with a view to provide beautiful, secure, luxury facilities in one of the most beautiful and underexploited development regions in Spain.
All the necessary Memorandums and Articles are held and includes the rights to develop property anywhere in Spain.

Property information

Location:

The property covers discrete area and a location with unobstructed views with excellent drainage facilities, water and electricity supply. The topography of the land allows for ease of construction.

Other information

Expansion potential:

This is an ideal opportunity to continue a potentially highly profitable luxury development with future incomes from the hotel, restaurant and rentals and to exploit the very difficult to get rights to develop in a rural area of Spain, including an area designated of “special public interest”.

It is also possible to change the intentions of the development at this stage, since it is still at a relatively early stage in its construction, making it possible to fit with any new owner’s plans. The town architect and planning officer are keen to encourage the company’s commercial development of the site and would consider any changes or additions the company may wish to make.

Support & training:

The current owner will provide all necessary training and all relevant contacts to allow continuity of trading.

Reasons for selling:

The business is for sale as result of the Vendor’s intention to follow other areas of interest.