Skip to main content

Fuengirola, Málaga (Spain)

R4914217 / 12 Beds / 10 Baths

12,162€/sqm

1,350,000€

Overview
  • 12 Beds
  • 10 Baths
  • No
  • Yes
  • 111 sqm
Description

Fuengirola , Costa del Sol
Incredible investment opportunity in Fuengirola, Costa del Sol!
3 apartments currently managed as a successful hostel with over 25 years of history and licensed for 12 bedrooms (double and triple) and 10 bathrooms (9 of which are en suite)
Great investment opportunity, with more than 85% occupancy in 2023 and 2024, guaranteeing safe profitability. This hostel is the only one that offers access to a very nice pool and gardens in Fuengirola, located a very short distance from the beautiful golden sand beaches, shops, the city center and the train station. The hostel has been in operation for more than 25 years, it has 12 rooms (some with a terrace overlooking the pool), 9 of the bedrooms feature private bathrooms, while the other 3 bedrooms share a full bathroom.
The Hostel has its own in-house laundry service.
The property is in very good condition, the sellers will offer transition support and training for the new owners.
All rooms are located on one floor with access by elevator and stairs. It is sold with all commercial contacts, fully furnished and equipped.
The Hostel, recognized for its cleanliness, quality and customer service, is a unique opportunity to undertake in the tourism sector. Contact us and discover this real estate gem on the Costa del Sol!

Details

Property ID: R4914217

Location: Fuengirola, Málaga (Spain)

Type: Apartment

Status: Available

Price: 1,350,000€

Beds: 12

Baths: 10

Built: 111m2

Living Area: 94m2

Terrace: 20m2

Levels: 1

Garage: No

Garden: Yes

Pool: Yes

Setting: Town

Orientation: East

Condition: Good

Pool: Communal

Climate Control: Air Conditioning

Views: Garden

Features: Covered Terrace

Furniture: Fully Furnished

Garden: Communal

Security: Gated Complex

Utilities: Electricity

Category: Resale