Hotel in Lloret de Mar, Spain, 660 m²

Spain. Lloret de Mar. Income-generating property (hotel/mixed-use).
Building in Lloret de Mar (Ref. 10731)
Lloret de Mar, Costa Brava
€1,200,000
Area: 660 m²
Yield: 8%
Ref: BA159
Income-generating residential building for sale in the center of Lloret de Mar (Costa Brava).
This investment property is located in the heart of Lloret de Mar—a key tourist hub on the Costa Brava that attracts hundreds of thousands of tourists from around the world annually. The location ensures stable demand and high potential for developing the project within the hospitality sector.
Property specifications:
Facade: 8 meters
Total area: 660 m²
Number of floors: 4 levels
Commercial space:
The ground floor houses a commercial space previously occupied by a well-known, long-established restaurant.
It is currently leased to a chain club:
€1,300/month during peak season
€1,000/month off-season
Residential section:
The building contains 6 apartments rented out under private (short-term/non-long-term) contracts. This offers flexibility for the new owner and allows for the implementation of a development project without legal constraints.
Technical condition:
Gas heating installed
Potential for modernization without complex structural alterations
Development potential:
A preliminary architectural plan exists to renovate the building and convert it into a 14-room boutique hotel.
Estimated construction time: 6 months
Operational launch period: 2 months
Financial model:
Under owner-management, the project shows a projected annual yield of approximately 8%, with the potential to increase ROI through professional hotel management. The agency commission is not included in the property price and is payable separately.
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