La Duquesa, Andalusia 29692

Interesting investment property just a 3 minute walk from the beach and 5 minutes from Marina De La Duquesa. The current owner started renovations in January 2022 and wanted to turn this once-famous place into a 3-star luxury boutique hotel. Unfortunately, he recently passed away and his heirs decided to sell the place as it is. There is a valid building license. The architect estimated that the costs to finish the project would be around 300, 000, -. When the project is finished, it will be a hotel with 12 rooms, each with a private bathroom, 4 of them with their own private terrace. There will be a covered breakfast area, breakfast kitchen, outdoor terrace, bar, elevator and several communal bathrooms. On the top floor, also accessible by elevator, there is an attic with 2 bedrooms and 2 bathrooms, which can be rented or used as a place for the manager. Heirs are willing to listen to reasonable offers. Please note that the hotel was valued in 2022, before renovations began, at 937, 000, -. All reports, documents, drawings, etc. are available! Virtual tour available upon request.