# Property

- Type: properties
- Location: Velez Malaga
- Price cents: 49999500
- Currency: EUR
- Bedrooms: 8
- Canonical path: /fr/properties/2505-velez-malaga
- Canonical URL: https://aspanishlife.com/fr/properties/2505-velez-malaga


Freehold Available for €1,700,000.

This boutique hotel in Axarquia has been the subject of much careful and sympathetic restoration.   Trading since 2007, the hotel can already make some impressive claims to fame.   It is now rated as the second best hotel on the Costa del Sol, the fifth best in Andalucía and the sixth best in Spain!

The property is just a short tram journey from the outstanding beaches of the eastern Costa del Sol, the yacht marina at Caleta de Velez, an established 18 hole golf course and just a twenty minute drive to the rugged pine clad coastline of the Costa Tropical.   The hotel has eight en suite guest rooms, all designed in a simple classic style combined with a chic, contemporary influence and a sensual touch.   The rooms are set around a cool and tranquil courtyard where guests take breakfast, relax or just chill out after a day's sightseeing.   The sound of the trickling fountain and open roof create an atmosphere of a bygone era.   The hotel has a rooftop exercise swim and spa pool, and a fantastic sunbathing terrace with stunning views of the town, to the castle and the mountains beyond.

In addition to guest accommodation, there is also a three-bedroom house with garden.

This property represents a fantastic opportunity for someone with the right stuff wishing to make a lifestyle change.   There is huge potential in the building and the business to create a bigger, more profitable and more diverse operation.   The current owner’s strategy for growth includes a public restaurant, distinct from the hotel, which if rented out could provide residual income.   The private house has been designed in such a way that it can easily be converted into either four more double en suite rooms with night porter’s accommodation, or three more double en suite rooms and a manager’s or owner’s flat.   There is also the opportunity to convert the first floor laundry area and redundant staircase into another smaller bedroom.

There are also plans to convert the huge downstairs store area into a spa-cum-treatment room.   Subject to planning permission, a three storey extension could easily be added, suitable for another six en suite bedrooms which would enable the ground floor to be converted into a  bar restaurant with direct access off the street.
