Since the Corona crisis, we have received an unusually high number of inquiries about B&Bs or guesthouses for sale in Spain. Our lawyer and bank contacts will send us listing as they come in and we will publish examples that illustrate where the price picture is right now for a B&B or smaller hotel. However, it should be emphasized that this type of property is usually for sale off-market. Write to info@spanskafastigheter.se if you are interested and we will send you a direct email when listing comes in.
Older article below (which is still relevant as an example, given everything that has happened).
However, it should be made clear that it is not easy to find this type of quality B&B for sale on Costa Del Sol . After all, the area is at the top in terms of international tourism statistics. Moreover, few put their Bed and Breakfasts in a public database. The most common approach for this who want to buy a commercial business in Spain is that you contact us with what you are looking for, what your budget is, etc. Then our lawyer contacts his colleagues and discusses what may be for sale, price , etc. The purchasing process is thus different compared to regular homes.
This is an elegant B&B (boutique hotel) between Marbella and Estepona (New Golden Mile) on Costa del Sol. This B&B has not been open since 2010. The property needs a little updating and freshening up of the interior, but the rest is in good condition and the gardens and building have been continuously maintained.
It is a hotel with unique interior design that was extensively photographed and featured in international Vogue Magazine and the major Spanish interior design magazine Casa Y Campo.
This 9-bedroom B&B is located just a few minutes' walk from the beaches of Costa del Sol with 1,800 sqm of beautifully landscaped tropical gardens.
The hotel has an excellent location, in a very quiet area yet only a 10 minute drive from Puerto Banús, Estepona and Marbella. Each of the 9 spacious suites has individually designed bathrooms with bathtubs and sitting areas.
All rooms are individually decorated to reflect the global diversity (African decor, oriental, etc. No two rooms are alike) giving the hotel a very stylish and modern setting. All rooms overlook the mature tropical gardens and have access to the pool. There is direct access to the beach via a small side street, 2 minutes walk.
The property includes a separate house for the owners of the hotel. The house is spacious and has one bedroom.
About the price picture
The Price currently stands at 950,000 Euro.
Our real estate agent on the western Costa Del Sol has the following to say about the price level of this Bed & Breakfast between Marbella and Estepona: “If you consider that price per sqm for the area was 2000-2200 EUR/ sqm and you have 800 sqm X 2000 EUR = 1,600,000 euros or 800 sqm X 2200 EUR = 1,760,000 euros. I would probably guess at a previous sales price of around 1,850,000 euros. Now you buy 40% cheaper.”
Some pictures:
Other information:
- The property area is 800 sqm , the terraces are 150 sqm and the plot is 1800 sqm .
- Reception and guest toilets.
- Separate studio for night porter.
- AC and fireplace.
- There are several famous golf courses just a 5-minute drive from the hotel.
- Do you want to know more? Write to info@spanskafastigheter.se
Read also:
Buy commercial listing such as B&Bs, restaurants, etc. in Spain
