Hotel in Lloret de Mar, Spain, 660 m²

Spain. Building in Lloret de Mar. Possible conversion into a boutique hotel.
No. 10731
Lloret de Mar, Costa Brava
€1,200,000
Area: 660 m²
Yield: 8%
Ref BA159
A commercial residential building in the center of Lloret de Mar (Costa Brava) is for sale.
This investment property is located in the heart of Lloret de Mar, one of the key tourist centers of the Costa Brava, annually attracting hundreds of thousands of tourists from around the world. The location ensures stable demand and high development potential for the project in the hotel sector.
Property Details:
Facade: 8 meters
Total Area: 660 m²
Number of Floors: 4 levels
Commercial Premises:
The ground floor houses a commercial space, previously occupied by a well-known, long-established restaurant. Today, it houses a network club, which is rented out for:
€1,300 per month during high season
€1,000 per month off-season
Residential:
The building contains 6 apartments, rented out under private (short-term) contracts, providing flexibility for the new owner and the opportunity to freely implement the development project without legal restrictions.
Technical Condition
Gas heating is installed
Possibility of modernization without complex structural interventions
Development Potential:
A basic architectural design is available for the reconstruction of the building and its conversion into a 14-room boutique hotel.
Estimated construction period: 6 months
Operational start-up period: 2 months
Financial Model:
With in-house management, the project shows a projected return of approximately 8% per annum, with the potential for increased ROI under professional hotel management.
Agency commission is not included in the property price and is paid separately.
We will sell your apartment or house. There is a selection of apartments and houses for various budgets, including commercial properties.