For Sale at €10.5m
Unique opportunity to build a new hotel
This is a substantial plot of 11,300m2 of Urbano land near to the sea.
This plot currently has a Cafe Concierto license - for a bar or club until 6am including Live Music - which is no longer possible to obtain
Aparthotel option:
An architect has already made plans for a 60 room aparthotel which can later become 120 rooms
. You can pay a deposit and wait until the Aparthotel license arrives before final payment
ROI: For a new 4 star property a room for 4 persons could sell for approx €2,000 per week in July and August
Other possibilities include to build a Nightclub or 2 large restaurants
The water supply is from a large well which can be improved
The current electric supply is 80kw
Distance to Airport 18km
