Hostel In Spain

Asking Price €950,000

A rare opportunity to purchase a charming hostel in the center of the old town and just a few minutes´ walk from the famous BALCÓN DE EUROPA and several coved beaches. The hostel has a total of 10 bedrooms with a capacity for 24 guests. All rooms are warmly furnished and equipped with a private bathroom, air conditioning, heating, satellite TV and Wi-Fi. The rooms which include 7 doubles, 2 triples and a family room for up to 4 guests are spread over the 3 floors of the hostel and all have access to a wonderful sun terrace with sea and old town views. The family room could also be used as the owners´ accommodation. The current owner also runs a successful real estate agency from the hostel which handles property sales and some rentals. The new owners will have the option to take on this business if they would like to do so. Financials will be provided to serious buyers.