Description
This hotel is an amazing investment opportunity, perfectly situated on the beachfront of the popular Santiago de la Ribera, it hosts 16 guest bedrooms all en-suite with lift access and the bedrooms front facing all with fabulous sea views. The hotel comprises of ~~Ground floor - 170,56m2 which has reception area, bar/restaurant and restrooms~FIrst floor - 176,10m2 which has 8 en suite bedrooms~Second floor - 176,10m2 which has 8 en suite bedrooms~Third floor - 67.20m2 which serves as laundry area / boiler room / maintenance area~Fourth floor - is a covered area for installations and solar panels.~~The yearly tax is at 5000€ yearly however this can be reduced by half to 2500€ with Town hall aid that is in place. ~Currently at 2 stars the hotel has room charges of 55€ P/N for the low season and 75€ P/N for high season. ~Rates -Approximate ~water 800€ per mes~Electric 1500€ per mes~~Santiago de la Ribera is a popular resort on the Mar Menor and is visited all year round. Accessibility is excellent with Murcia International Airport 25 mins away and Alicante Airport no more than an hour away, motorway access to all major routes within 5 mins. The hotel has the potential to be something truly unique, you really must see it to appreciate its location and value.
