Hotel apartment with amazing views
Great opportunity to buy a hotel apartment with huge rental…
€300,500
Carretera de Mijas, Urbanización Los Alijares, Coín, Valle del Guadalhorce, Malaga, Andalusien, 29100, Spanien
Featured, For Sale
€1,200,000 €1,550,000 Asking price
Restaurant Valparaiso for sale. The owners through more than 30 years wishes to retire and have decided to sell their successful restaurant Valparaiso. The restaurant is well known amongst the public for its parties for local charity’s, weddings, live music and especially their New Years parties where more than 300 guests attend every year, Valparaiso have room for almost 400 guests. This is a ongoing business that awaits new owners who is ready to combine the DNA of Valparaiso and the present. the building have approx 1500 m2 under roof and a pool area with bar and serving area where only the imagination is the limit for future activities, from the terraces you have a amazing view over the coast and the Mediterranean, the plot is almost 3200 m2 with 50 private parking spots for the guests. You will also find a 3 bedroom apartment on the premises.
Restaurant Valparaiso is located in between Fuengirola and Mijas Pueblo
There are number of possibilities with Valparaiso..
+ Convert the property in to a private villa with a couple of guest apartments, huge terraces and lovely views.
+ Open the restaurant with a la carte serving and arrange weddings, baptisings, birthday parties, live music, Christmas dinners and New years eve dinner etc.
+ Also a possibility is to demolish the restaurant and build Apartments, all with great sea views over the Mediterranean sea, normally you can build 65% of the plot which means you can build approx 2000 m2 under roof + garage/storage under street level. So roughly you can build 20 3 bedroom apartments with a average price of +450.000€ per apartment…
+ Convert the place into a B&B with 8-10 self contained apartments and manage the rentals yourself with spainholiday.eu or have a management company do the rentals for you, we recommend the Danish rental company Malaga Ferieboligudlejning with more than 15 years of experience of holiday rentals and management
+ Make a sports/padel club with 6-7 padel courts and maybe ad a 5 a side football pitch, downstairs there is room for a fitness center and rent out for massage therapists, beauty salon, hairdresser, a shop for padel rackets etc. and do a sports cafe to serve the guests
Malaga Holiday Homes Sales is sole agent – Agents welcome alex@malagaholidayhomes.com +34 670 328 444
Malaga Holiday Homes Sales mainly have properties listed directly with the owner so we do not waste ours or the clients time with properties that is not on the market anymore for whatever reason it maybe. We focus on the client and the enquiries from the client, you will not experience us showing you villas if you are looking for an apartment. If we do not have what you are searching for we will spend time on going through the market and find the property of your dreams for you.. if possible.
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Owning a home is a keystone of wealth… both financial affluence and emotional security.
Suze Orman