Engel & Völkers
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Andalusian Palace Building: A Historic Legacy in Full Operation

€2,200,000
  • 15 Bedrooms
  • 10 Bathrooms
  • 973 m² Total surface
  • 273 m² Plot surface

Description

Secure and Profitable Investment in the Heart of El Puerto de Santa María: Looking for a real estate investment that combines history, charm, and immediate profitability? This magnificent palace building from 1890, meticulously restored in 2008 and in constant evolution to this day, offers the opportunity to acquire a fully operational hotel business in the coveted old town of El Puerto de Santa María. A Hostel with Soul, Ready to Prosper: Imagine welcoming your guests in a majestic Andalusian patio, surrounded by columns and a relaxing waterfall. This building, currently operating as a successful 2-star hostel, gives you the opportunity to continue a legacy of hospitality and service, with the possibility of taking it to a higher level. Intelligent Distribution: With 15 rooms and 10 bathrooms, the building offers a versatile and functional layout, adapted to the needs of a modern and comfortable hostel. Charming Spaces: High ceilings, ornamental details, a spectacular oyster stone staircase, and an original cellar create a unique and welcoming atmosphere for your guests. Growth Potential: More than just a hostel, it diversifies its offer with two independent apartments on the rooftop, each with its own private terrace, and enjoying the spectacular chill-out terrace on the building's tower. Investment with Proven Results: Ongoing Business: The hostel has been in operation for over 20 years, with a loyal clientele and proven profitability. Privileged Location: Located on the emblematic San Bartolomé street, in the heart of the tourist center, the building enjoys high visibility and easy access for visitors. Booming Market: El Puerto de Santa María is experiencing sustained growth in the number of tourists, attracted by its rich cultural, gastronomic, and leisure offerings. The demand for charming accommodations in the historic center is constantly increasing. Make Your Hotel Dream Come True This palace building offers you the opportunity to acquire a fully operational hotel business with enormous growth potential in one of the most attractive tourist destinations in Andalusia.

Features
BalconyPatioTerraceFireplaceAttic
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Engel & Völkers Sevilla MMC

Your advisor: Alfonso Garrido

Property ID: W-02WQ37

Property details

Object type

Special property

Bedrooms

15

Bathrooms

10

Number of Floors

4

Total surface

973 m²

Plot surface

273 m²

Energy efficiency information

Energy efficiency class

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Energy certificate available

Yes

Location: El Puerto de Santa María, Andalusia

An Unparalleled Setting Historic Center: Steps away from the vibrant Plaza de España, surrounded by local shops, restaurants, and historical monuments. Prime Tourist Destination: El Puerto de Santa María is a magnet for national and international visitors, attracted by its beaches, wineries, gastronomy, and rich history. Strategic Connectivity: Located in the center of the Bay of Cádiz, with easy access to other gems of the region like Jerez and Cádiz capital. With easy access to the best beaches on the coast due to its strategic location and good communications. Perfectly connected by road, train, and airport.

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Houses for sale in El Puerto de Santa María

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Engel & Völkers Sevilla MMC

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Provider:

EV MMC SPAIN, S.L.U.

Commission details

Availability upon agreement. The offer is subject to change of price or withdrawal. The exposed information including the dimensions are illustrative. To confirm the dimensions, physical and legal circumstances of the sales and purchase deal the Agency recommends to consult an independent competent professional. The price does not include the taxes and costs. Corresponds to the purchaser the right to choose notary payment of the following taxes and costs: (i) in a first deliveries of buildings (new development) the Value-added Tax (IVA) and the Tax on Documented Legal Actions (AJD); (ii) in a second and subsequent deliveries of buildings the Property Transfer Tax (ITP); (iii) notary and registry tariff. For the rest of the information demanded by state and autonomous government regulations, please get in touch with the Agency.

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