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SELECTION: For sale, Can Picafort, Hotel

Hostal / B&B - Cafe bar and Owners accommodation

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Sales Price:
Currency convertor € 56,000
Rental Price:
Currency convertor € 45,000
For Sale/For Rent
Business Type:
2 year intitial contract
Reference No.:
Can Picafort
Front line:
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Reference No.: b3208bs
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For the purposes of this calculation we have automatically entered 60% of the purchase price as the loan amount at an interest rate of 3.5% payable over 15 years, but please feel free to change any of the figures according to your needs.


Property Description

Well equipped, up and running hotel, with own restaurant (can be separated) plus a fully operational separate bar / café to the main street leading to the marina plus an additional potential basement nightclub. Four in one opportunity which can be run as a whole or sublet with landlord permissions.
The hostel / hotel has six floors and comprises of 24 doubles / 8 individuals most with en-suite bathrooms, nearly all offering balcony with either sea or mountain views There is a large dining room / restaurant, equipped kitchen, large bar, lounge/reception area, basement (previously used as a dance/karaoke area) with separate bar and terracing with views to the sea. Owner’s 1 bed accommodation and an industrial laundry room to the top floor.
This is a previously family run business with the hostal, up until end of summer offering bed and breakfast with the potential to go half board. Tourist clientele is a mixture of English, Spanish & German via direct booking through the internet, word of mouth and passing trade. The other side of the hostal’s business is “workers” accommodation this generates minimum of 350€ per room a month with over half the hotel occupied this way for 6 months of the year.
The hostel with its original build in the late 60’s has been maintained to offer good clean affordable accommodation with un surpassed sea-views and a friendly welcoming feel. Well located with access to beaches and marina. 
FREEHOLD: 2 million euros.
Further information on request available to qualified prospects only, providing that all fields of the enquiry form are completed. To obtain more detailed information; signing a confidentiality agreement and providing a proof of funds letter may be required.
Our multilingual staff would be delighted to show you the premises and guide you through every step of the buying process, free of charge for you as a potential buyer.

A well positioned ’32 Room Hostel / B&B + Bar and Restaurant’, with sea, mountain and marina views situated within a thriving resort to the north of the island with stunning beaches, bars and restaurants etc.. Popular for a multitude of nationalities with a mix of long term rentals 6-12 months of the year and tourist accommodation week on week.

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