BOUTIQUE HOTEL/INN in Montejaque - 395,000€
FOR SALE – ANDALUCIAN VILLAGE INN WITH 5 BEDROOMS , OWNERS APARTMENT and the OPTION to extend the property to achieve 10 letting rooms.
Do you have a dream to run your own bed and breakfast or guest house/hotel?
Here is a great opportunity to purchase a going concern rural tourism business, that has been trading successfully as a family run hotel and restaurant for the last 15 years.
Montejaque is a pretty, bustling village and is one of the most visited in the Serrania de Ronda. Tourists are attracted by the amazing hiking and biking trails, the festivals and fiestas and the great choice of bars and restaurants in the village.
Visitors also enjoy the sunshine and amazing views. Some are attracted by the fabulous birdwatching.
Just a few minutes drive away is Estacion de Benaojan, where the famous Mr Henderson’s railway line connects tourists from all over the coast and Ronda to the Serrania villages.
The property is for sale because the Spanish owners are now well into their 70s and it is time for them to retire. It will be a bittersweet moment for them as they have loved and cherished this place since they originally bought and converted it into their dream business.
Situated on a prominent corner just a short walk from the village square but also somewhat tucked away from the main stream, so this is a peaceful place to get a good night's rest.
From street level you walk directly into the reception area and beyond into a traditional enclosed patio/courtyard . There is access from the patio to the breakfast room, dining room and kitchen.
On the first floor are the majority of the bedrooms and a spacious guest lounge.
The current owners live on site in a small 1 bedroom apartment located off the other side of the guest lounge.
OPPORTUNITY FOR EXPANSION!
For any rural tourism business, having the opportunity to increase revenue is always important . We have negotiated with the owner of a very large semi-renovated 180m2 house next door to this hotel, the option for a new buyer to purchase this house as it stands for an incredibly reasonable 55,000€.
By acquiring this property, it would give some really interesting options to add value to the building and revenue stream for the business going forward.
Option 1.
Convert the top floor of the house into a spacious owners apartment ( 2/3 beds ) and a large roof terrace. Convert the ground floor into 3 or 4 more en suite guest rooms and convert the current owners apartment into a family suite. This conversion would double the size from 5 to 10 letting rooms.
Option 2.
Reconfigure the ground floor to increase the garden area and install a pool . Make the owners accommodation on the ground level and open the first floor through to connect to the original building, keeping all guest rooms on the upper floors.
PRICE: 395,000€
CONTACT:
Contact A1 INMOBILIARIA - Real Estate on 636 52 75 16 English, French, German and Spanish spoken.
