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Hotel for sale in Fuengirola, Málaga, Spain

4,700,000 €

REF: 780362

Property Description

FREEHOLD - BOUTIQUE HOTEL - RESTAURANT

This exceptional plot of 4.500 sqm boasts of a Mediterranean style home of over 1.500 sqm built with panoramic views of the sea and coastline from all floors. This luxurious home is currently turn-key ready to be used as both a private home as also a signature restaurant, having a fully installed and functional, industrial size, state of the art kitchen, ready to serve for aprox. 60 sittings.

There is also a project in place to convert this monumental, Mediterranean Cortijo style building into a luxurious, boutique hotel of 20 rooms. The wing designed for this purpose is only missing the separating walls and individual bathrooms per room (floors, ceiling, plumbing, wiring, etc is already in place). This spectacular, independent villa currently has the main, hospitality kitchen and restaurant on the entrance level, with an additional and independent kitchen on the top floor as also a third pool-bar kitchen area to serve those enjoying the heated, outdoor pool and surrounding green areas.

Additional features included underfloor heating throughout the whole property, an independent building currently used as a complete gymnasium and play room, a well sized-outdoor & heated pool, staff quarters, large store rooms, industrial fridges, cold rooms and freezers with all needed equipment, an elevator that connects to all three levels, a cargo lift and solar panels on the rooftop.

Though spectacular views are enjoyed from all levels, this property has an open, south facing terrace of over 80 sqm on the top floor, where breathtaking views are to be enjoyed, overlooking the whole coastline of benalmadena and fuengirola. This property is currently being sold at a very attractive market price of 4.500.000€ and offers a unique investment opportunity for those in search of a hidden jewel on this area of the coast.

Features

  • Close to schools
  • Exclusive Development
  • Good Rental Potential
  • Investment Property
  • Popular Urbanisation
  • Residential Location
  • Sea Views
  • Walking distance to shops

Location

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