Malaga, SPAIN. Ref: ACHGHALH001
Unique opportunity. Business, property and website in operation. Demonstrable 14% annual return. The property consists of 350 m2 built and a 3234 m2 plot. The villa has all the facilities to enjoy with family or friends (Gym, Playground, Air Hockey...) It also has all the technology to reduce your electricity bill. An example is the use of solar panels to heat pool water. The complex has 12 rooms (sleeps 22 guests).
Located 20 minutes from Malaga, and 5 minutes from a well know golf course. This Vacation Rental holiday business is a vastly expanding industry with excellent potential for expansion and growth. During the 1st year, the owner is offering a guaranteed rental income of €150,000 [monies to be held in an independent escrow account] and if the business does not meet this target, then the current owner will reimburse the buyer with any difference. The boutique business has 5-star facilities and being sold fully furnished with extensive inventory and complimentary 3 months after sales support.
Additionally, the property is extremely energy efficient with all water heating being predominantly produced by solar panels, pool heating predominantly from solar panels, all air conditioning run with very efficient inverter AC units and all water supplied free of charge from 122 meters deep bore hole water well which also comes with a 15,000 litres water deposit producing over 15,000 litres of water per day.
The business can be owner managed from a luxury 3 bedrooms with 2 bathrooms lower ground floor apartment and has a great expansion potential for growth with excellent income per annum. Alternatively, it can be let out as a whole or as 2 individual letting units and managed remotely with or without a management company.
The boutique hotel is currently being run by the owner and his wife. Additionally, they have 3-4 casual assistants. Additional income can also be generated from running the vacation rental for various other avenues including yoga, health and fitness retreats, glamping holidays, golf holidays and cycling holidays and many more avenues and endless possibilities.
Running this hugely popular business as a holiday rental rather than a B&B has substantially increased profitability and efficiency immensely for any buyer and ensures that the property and more importantly that all rooms are regularly fully booked on a self-catering basis without wasting unnecessary expenses on breakfasts or regular cleaners / chambermaids.
Comprehensive sales pack available for genuine enquiries