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Region: Granada
Price: €675,000
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Town: Granada
Full Description: The accounts for the year 2007-2008 show an after tax profit of 96105.10euros not including the revenue from the bar and pack-up dinners sold, which in the same period gave a further 38.000euros profit. All paperwork on the property is in order and the tourist license (VTAR/GR) can be changed over to the new owners in one day and will be done with the help of the current owners.
The property held a Bank valuation in 2008 of over 850.000euros and there is a small 100.000euros mortgage left on the property that could be transferred or enlarged for the new owners, obviously this can also be paid of by the Vendor when sold if no mortgage is required.. Viewing is a must for the serious buyer or investor to fully appreciate all aspects of this unique sale. This Hotel is only been sold as the current owner due to illness cannot run it anymore.
Situated just outside Granada city, this very beautiful country manor house dating back to the 19th century has now been lovingly renovated into a very stylish rustic hotel, boasting a beautiful private pool, 8 en-suite rooms (including a room built for disabled people)with air conditioning, TV, WI-FI and telephones. For people that want a more sociable stay there are many guest areas for reading the paper, watching TV or just sitting and chatting. The hotel also offers guests a beautiful bar area, serving draft beers (and everything else you would expect from a bar) not to mention the breakfast/dining room and sun bathing area. The renovation in 2003-2005 was done with very high quality finish in mind and this shows throughout the whole property. Using as much of the original features as possible like the huge staircase window and banister rail from the original house, the end result is stunning. There is also another house that is currently being used as a storage area but would transform into another 6 bedrooms or private residence for the new owners if they chose to live out of the main hotel. The very small town where this Hotel is situated has a population of about 4000 people and is truly a Spanish town, located very close to the river Genil, and is 8 minutes from Granada airport, 15 minutes from Granada, 40 minutes from Sierra Nevada and only 50 minutes to the beach. Granada is probably the province of Andalucia with the widest choice for the visitor. It has a tropical coastline to the south and the Sierra Nevada National Park, the highest mountain range in Spain providing skiing in winter as well as outstanding nature reserves for all kinds of rural pursuits. Then, of course, there is Granada city, the former Moorish capital and the location of The Alhambra Palace on of the most visited places in Spain. There is a greater selection of pictures on the front page of our website top right. Pichiclan Group - IASPP (International Association of Safe Purchase Professionals) Member - Purchases Protected By The 20 Year Safe Purchase Guarantee.
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