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SELECTION: For sale, East, Cala Millor, Hotel

Centrally Located Hostal For Sale in Cala Millor Mallorca

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Sales Price:
Currency convertor € 395,000
Rental Price:
Currency convertor € 0
Transaction:
For Sale/For Rent
Business Type:
Hotel
Term:
N/A
Tenure:
Freehold
Area:
East
Reference No.:
b3968abs
View:
NA
Location:
Cala Millor
Front line:
NA
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Reference No.: b3968abs
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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.

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Property Description

Situated close to the main carpark and within a five minute walk to the beach, this building is in a quiet, yet central position and close to other hotels, restaurants and shops.

It has four storeys, made up as follows:
Ground Floor – 110m2, with kitchen, dining room, 2 bedrooms and 3 bathrooms (on this floor, there is also a separate commercial unit, ideal for subletting as a shop, beauty salon, supermarket, office or any other enterprise.
First & Second Floor – 123m2, with 5 bedrooms and 5 bathrooms on each floor
Third Floor – 200m2, with a large terrace, loft and owner’s apartment
It is also worth noting that there is a substantial basement of 35m2 which could house a laundry and garage.
COMMENT:  The term ‘blank canvas’ could not be more appropriate with regards to this hostal and the experienced hotelier will be able to see for themselves the opportunity this presents, so we strongly recommend viewing.
Our multi-lingual staff would be delighted to show you the premises and guide you through every step of the buying process, free of charge to you as a potential buyer.
 
 

This is a very exciting opportunity for someone to buy a Freehold property, reform it and have a thriving business in the heart of this popular resort.

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