№ 2,474,050
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Hotel 1,286 m² in Alicante

3,800,000 €
2,954 € /m²
  • Room stock —
  • Yield —
  • Constructed  1969
  • Price per key —
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Anastasia Morozova
Anastasia Morozova
Investment consultant in Alicante
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    Key project parameters
    Leasable area
    1,132 m²
    Total area
    1,286 m²
    Land area
    1,132 m²
    Constructed 
    1969
    Project description

    The 2-star hotel is located at a crossroads between the Sierras de Segura and the Rio Mundo from the communities of Murcia and Valencia.

    The hotel is located on a 1,132 m² plot with access to three streets. The building has six floors.

    On the first floor, there is a warehouse and garage with two rooms and a third room housing a generator to support high electricity demands and prevent power outages.

    On this same floor, there is a nightclub that is connected to the upper floor, which is used to provide continuity for banquets and events and offer an open bar service.

    On the next floor, there is a patio that serves as an entrance and reception area (cocktail lounge) for banquets and events, in addition to the hotel's main hall.

    The patio has a surface area of approximately 250 square meters and the hall has a capacity of approximately 400 guests seated at round tables and up to 600 at continuous tables. In addition, there is a service, cleaning, and storage area of approximately 200 square meters.

    Finally, on this same floor, there is a three-bedroom apartment of approximately 100 square meters, which, until now, has been occupied by the owner.

    On the next floor, we find the bar area with a capacity for about 50 people seated and about 30 at the bar. The dining area has a capacity for about 65 people and also has a kitchen, storage, and cold rooms.

    On the next floor, we find the bar area with a capacity for about 50 people seated and about 30 at the bar. The daily dining area has a capacity for about 65 people and has direct access to the hotel.

    On the top floor is the bedroom area, where we have 12 double rooms, three of which can be converted on request. All of them have an average surface area of around 20-22 m² and all have a full bathroom.

    On the next floor there are 5 double rooms, two of which have double beds. In addition, on this same floor we have the laundry and ironing area.

    Finally, on the top floor, we have a small apartment of about 60 m² with views of the most typical area of the village and with various possibilities for use and purpose.

    The current building, with no problems regarding licenses or urban extensions, has the potential to be expanded to 15–25 more rooms without major investment.

    Part of the team could remain in management for one to four years if it is in the investor's interest.

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