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Successful Rural Andalucia Hotel With Guaranteed Bookings For Sale

Algamitas, Sevilla
Asking Price:
€575,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
€100K - €250K
Cash Flow:
€50K - €100K

Rural Hotel, Andalusia. Cortijo 600m2 with Swimming pool and lovely views.
Renovated Cortijo on a hillside overlooking olive groves and mountains with 9, centrally heated, en-suite bedrooms, and 2 apartments. Bar and dining-room seat up to 22 people, French windows leading out onto terrace and gardens.
Sitting-room is very comfortable with fireplace that has a roaring log-fire in winter.
Professional kitchen. Pretty gardens with a variety of flowers & shrubs including roses, vines, bougainvillea.

A 2 bedroom, private country house with a swimming-pool next to the Hotel could be included under negotiation, or rented . Village is just 1 km away with all amenities shops, doctors surgery, bars & banks. Hotel has a long-standing contract for rural tourism guaranteeing at least 20 weeks fully booked. Outside these weeks individual bookings for extended families or groups of friends can be achieved. 2016 and 2017 contract for min. 20 weeks value approx. 145,000 Euros per annum. Owners can supply detailed accounts for past 7 years. Own access road, mains electricity, telephone, piped water supply & is entirely private.5 hectares of olive groves next to the Hotel could aso be included, by separate negotiation.

Property information

Real Estate:

Real Property Included

Living Accommodation:

There is also a 2 bedroom house available, subject to seperate sale, which is situated 20 metres from the hotel. This also has its own pool and 4.5 hectares of land.
It includes a large garage, 2 open terraces plus one covered terrace, A split level dining room sitting room and its own garden. The bedrooms have en-suite bathrooms
The house and land are available for sale. Price 129,500€ or rent of 500€ per month

Location:

Rural Town. The Cortijo is in a quiet, private location 1km outside of a rural village of c. 1500 people. The village has all required amenities including banks, shops, bars, cafes etc. The views in all directions are truly astounding.

Premises Details:

The Cortijo has 9 en-suite bedrooms and 2 seperate renting apartments.

Size in square feet:
600 sq m.
Planning Consent:

The property is completely legal with all paperwork up to date

Business Operation

Expansion Potential:

From early July till late September the cortijo is closed most of the time. We have just started to rent the whole Cortijo to extended families, or groups of freinds. This could be increased greatly

Competition / Market:

There is no competition in the area. The Cortijo has a long running contract with a tour company, guaranteeing 20 weeks rental of the entire Hotel.

Reasons for selling:

Retirement

Employees:
We run the business in semi retirement, so have 3 staff. It could be run with 1 plus the owners
Years established:
The business has been estabilished for 13 years under our ownership. and approx. 12 years under the previous owner

Other Information

Support & training:

We are prepared to stay on for a period, until the new owners have established themselves

Furniture / Fixtures value:
€75,000 - included in the asking price
Inventory / Stock value:
€1,500 - included in the asking price
Website:
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Home based:
This business can be run from home.

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