Engel & Völkers
Interesting investment to start a new business in Menorca

Minorcan chic! Boutique hotel in old town

€800,000
  • 5 Bedrooms
  • 5 Bathrooms
  • 160 m² Total surface
  • 160 m² Living area
  • 8 m² Terrace surface

Description

In the heart of the old town of Ferreries a beautiful, fully renovated Menorcan town house that has been converted into a small, five bedroom Bed & Breakfast hotel. The property has been restored with wonderful attention to detail, retaining the classic style of the island. Distributed over three floors; on the ground floor is an enchanting entrance with vaulted ceiling, the breakfast area, a small sitting room and the kitchen. Five elegant bedrooms are on the upper floors, all have bathrooms, air conditioning and all the comforts expected in a property of this calibre. The bedroom on the uppermost floor also has a private terrace. The hotel opened at Easter 2019 and has immediately been a success, with reservations for the entire season. This is indeed a small investment that is highly interesting for those looking to start a new business in Menorca with the potential of excellent returns.

Features
Air conditionBuilt-in kitchenTerrace
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Engel & Völkers Ciutadella

Your advisor: Sabrina Rodriguez

Property ID: W-02GFA7

Property details

Object type

Terraced House

Condition

Top

Bedrooms

5

Bathrooms

5

Number of Floors

3

Total surface

160 m²

Living area

160 m²

Terrace surface

8 m²

Energy efficiency information

Construction year

1931

Energy efficiency class

energy class icon

Energy certificate available

Yes

Energy source

Heat pump

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Engel & Völkers Ciutadella

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Provider:

EV Menorca Real Estate S.L.

License partner of Balearev GmbH

Commission details

Engel & Völkers recommends having a qualified specialist check the legal situation of the construction. All material is based upon information, which Engel & Völkers considers reliable, but because third parties have supplied it, Engel & Völkers cannot represent that it is accurate or complete, and it should not be relied upon as such. This offering is subject to errors, omissions, and change of price or withdrawal without notice. Availability upon agreement. Taxes, notary and register fees must be paid by the purchaser, the commission for the estate agency must be paid by the seller as stipulated in the sales mandate.

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