Hotel or residential home development for sale (MD9715177)
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Located on the Spanish Costa Blanca the property is in a residential seaside town popular with international visitors, close to the beach and a short drive from the international holiday town of Benidorm. The temperate climate and the large number of golf courses gives a 12 month season. The hotel was built by a large financial institution for the purpose of staff holidays; presently there are 132 en-suite rooms and the property is on a large plot giving plenty of space for the permitted expansion. The hotel is in need of cosmetic renovation / updating however the structure is in good condition and there are many on site facilities. Permission is in place to use the site for tourist purposes, residential care home, retirement home etc. This property is in a great location, sits on a large plot, and is offered sale well below the perceived value of 14.500.000 euros Tel: Int + 44 (0) 7932 833545 E:allseasons@easy.com
Other Details: Number of Bedrooms: 15+, Number of Bathrooms: 15+
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Lingfield Park Marri... Hotel ~ 0,428 km
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All Seasons (Real Estate Agent & Developer) from Spain
About All Seasons
All seasons specialises in Spanish property bargains, Spanish bank repossessions and distressed sales on the Costa del Sol.
These properties rarely come on the open market and are usually bought by investment groups who know that it is cheaper during this small window of opportunity to buy than to build.
Uur insider knowledge gained by over 20 years involved in spanish property, enables us to source apartments, luxury villas, & whole developments at up to 50% discount.
So why not cash in on the credit crunch? frequently properties can be bought with very low, or no deposit mortgages, plus in some cases “cash back” to service the mortgage.
All properties are checked for legality and we can handle everything for you