Property Type: Business Opportunity
Property Price: 675,000 EUR
Property Ref: 14120MW
Established Holiday Resort/Complex with 10 Individual Properties.€75,000 Finance available immediately (with no credit checks).
NO PROPERTY STAMP DUTY PAYABLE! (Saving €80,000+).
The property(s) is a private gated complex overlooking some of the most spectacular natural scenery in Spain – currently run as a self-catering holiday complex.
It is simple to run and has management systems and key relationships in place. I have owned the complex for the past 5 years while living in the UK.
THE PROPERTY COMPLEX COMPRISES:
9x individual houses (2x one beds, 6x two beds & 1x three bed)
1x fully fitted Restaurant with commercial catering kitchen
A mature site with gardens, pool and a great kids playground.
Within the existing site there is the potential to build a further 5-6 houses within the complex
*Plus: Provision to Convert Existing Restaurant into 2-3x Apartments or 1 large 4 bedroom house.
By separate negotiation (i.e. not included in this sale) is an adjoining plot of land that has permission to build 9-12 houses for individual sale.
These properties occupy the prized position within the popular Andalusian Village of Montejaque, with a 5 minute walk to the village centre and uninterrupted mountain and valley views.
(15 minutes from the city of Ronda and 1hr/15mins to the Costa del Sol’s famous beaches).
The nearest airport is Malaga International, which is circa 1:30mins drive down the mountains to the coast.
Montejaque enjoys a weekly local market, 2-3 banks, 3-4 mini-markets, a bakery, butcher, hardware store, numerous restaurants, etc. making it a completely self-sufficient village, yet with the city of Ronda just a short drive away.
Additionally, a new purpose built office has been installed on site and there is also a dedicated laundry room and workshop/garden store on site.
As I live in the UK, I have installed a lovely couple as full-time caretakers for the complex. There is also a cleaner. The restaurant is leased out to a chef.
Originally, I intended to spend much more time in Spain than I have been able to, hence this is a reluctant sale of a great set of assets that have great potential in the right hands.
I can send any genuinely interested buyers information on the guest bookings and finances of operating the houses as a self-catering holiday complex. To be transparent, as I’ve not applied the time and effort to do any marketing or active branding, etc. the complex does not perform anywhere near its potential on the business side. But, in the right hands, with improvements across marketing, tourism relationships, guest packaging, etc. it could be a great little business with a strong real estate asset base.