Business for Sale in Artola

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€4,100,000 EUR

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Ref 2150044 | Artola, Andalucia | Business

Currency services provided by PureFX 4,100,000 EUR  |  Approx.£3,530,510 GBP  |  Approx. US$4,387,820 USD
  • Type: Business
  • Location: Artola
  • Region: Malaga
  • Province: Andalucia
  • Country: Spain
  • Bedrooms: 37
  • Bathrooms: 40

Hotel Artola - This is a Renovation Project on a frontline golf area of Marbella with 37 rooms

This hotel closed 4 years ago, it's a 3 star hotel with 37 rooms and bathrooms on the beachside of Cabopino, including extensive gardens and swimming pool. It is close to las Dunas and Cabopino.

The Hotel is steeped in History and has many Antique furnishings in excellent condition making this property an excellent investment opportunity.

The Hotel was built in the 1970s by famous builder Schemstrong , and has been maintained in a good condition so it's solid and easy to make a refurbishment because there´s no structural problems.

This hotel also has a large storage / underground parking for 55 cars. It´s a large basement with private entrances under this 2 story Hotel..

There is a licence for a 3 star Hotel but will need to be adapted and brought into line with the new Hotel Laws.

Excellent opportunity for the right Investor!

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