Opportunity to convert & modernize a 5*GL Hotel in Marbella

25,000,000 €

Description

Investment opportunity for a representative GL 5 Stars holiday and wellness hotel, located in one of the best locations with panoramic views of the sea, golf and the mountains. A unique opportunity to convert and modernize one of the most representative hotels on the Costa del Sol.

The hotel is without activity, has 198 rooms, Spa and treatment center free of debts and free of staff. Formerly it had luxurious boutique shops, a hairdresser, bars, restaurants, a gym, outdoor and indoor swimming pools, a Spa and a polyclinic. The extensive outdoor garden area highlighted by its varied nature and its gardens were inspired by Hispano-Muslim models.

Hotel from 1974, renovated in 2001, currently uninhabited since 2012. It has 3 specific areas: Hotel, Spa and Treatment Center. The hotel with 198 rooms has fantastic panoramic views and is distributed over 9 floors, ground floor and 2 floors below ground.

The wellness center stands out for its air-conditioned facilities, the Spa circuit with sauna, jacuzzi and other luxuries that will make customers enjoy a unique and comforting experience.

Services: 4 swimming pools, 2 terraces with bar, marquee for events and large gardens.

Opportunity: The complex is currently qualified as Sanitary Equipment. To carry out the new value proposal of the Hotel Spa, the request has been initiated in the town hall, for which the modification of the current PGOU has been proposed.

The modification is presented as an unbeatable opportunity to meet Marbella’s aspirations and build on the objectives and strategies defined in regional tourism planning. Likewise, it intends to requalify one of the most representative hotels in Marbella.

In accordance with the action proposal presented to the city council, it is proposed to maintain the existing building with a maximum expansion of 10% in terms of buildability, intended for the expansion and qualification of the hotel offer with villas linked to the operation of the hotel. The resulting use of the proposed roof will be 26,639m2

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Detail

  • Bedrooms: 198
  • Bathrooms: 198
  • Property ID: H Incosol Fco Mingorance
  • Price: 25,000,000 €
  • Bedrooms: 198
  • Bathrooms: 198
  • Toilet: 10
  • Plots: 30000 m2
  • Built: 23137 m2