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Ad Reference: GVCCDLB

Beautiful hotel with consent for expansion

RUSTIC

|

RECREATION

OTHER

2 ha | Granada

4.300.000 EUR

4.537.850,00 USD

Description

An elegant 19th Century Manor House located in the hills just above the Costa Tropical and with consent for the construction of a 70-room hotel 826 m2 Built Area 21,245 m2 Land Area A rare opportunity to acquire a consented, destination-scale hospitality asset on the Costa Tropical, Andalucia, combining: Historic boutique 7-room hotel with established revenue and market presence Significant weddings & events business generating high-margin earnings Approved planning for 70 additional bedrooms (total 77 keys) Iconic filming location featured on Netflix’s The Rivals — global visibility Strategic location near new yacht marina and leisure/commerce development in Motril THERE ARE CURRENTLY: 5 Guest Bedrooms and 2 Beautiful Guest Suites Elegant Guest Drawing Room and Dining Room Entrance Hall Relaxed Guest Sitting Room Superb formal gardens A marquee and various locations for outside entertaining. Swimming Pool Plenty of Guest Parking An elegant 19th Century Manor House located in the hills just above the Costa Tropical and with approval for the construction of additional 70-room accommodation. In an elevated location above the Costa Tropical, with views of the Mediterranean Sea, this beautiful property is surrounded by stunning sub-tropical gardens that provide numerous, magical locations for weddings, parties, private and corporate events and this is already a core part of the business. INVESTMENT HIGHLIGHTS 1. Proven Operating Platform Strong weddings, private events, and destination revenue (more than 40 weddings per annum); High occupancy driven by event calendar and brand recognition; Significant room revenue uplift opportunity post-expansion; 2. Approved Expansion Fully consented planning for an additional 70 keys; Enables repositioning to boutique luxury or lifestyle resort scale; Substantial upside through ADR growth and longer stay captures; 3. Unique Brand & Cultural Asset Filming location for Netflix title ‘The Rivals’ — adds marketing and destination value; Differentiated in competitive investment universe; 4. Regional Demand Drivers Sea-view destination with limited supply of comparable boutique assets; Proximity to Motril’s new yacht marina and leisure/commercial hub; Andalucía’s robust tourism fundamentals and season extension potential; Motril is fast becoming the new hotspot on Andalucia’s coast with the planned development of a marina in Motril, adjacent to the Playa de Granada. Playa de Granada is a lovely, low-key stretch of beach that is the location for the Belgian Royal Family’s beach villa. There is a golf course here and well-planned, sympathetic development of low-rise apartments and leisure facilities making it the perfect corner of the Granada coastline for investment.
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Ian

Agent

Granada Village and Country

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