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Business opportunity for sale in Ibiza

USD 24,800,747

Business opportunity (For sale)

86 bd
86 ba
53,820 sqft
Reference: SEQD-T8564 / hh-14043049
Outstanding investment opportunity!Ideally located, spacious hotel in front of the sea in San Antonio bay. This is a six floor hotel with 86 bedrooms, many of which have direct sea views. The hotel is fully operational, however has lots of potential to upgrade and renovate.The property is fully equipped although dated. The general electrics and maintenance of the entire hotel was completely updated just two years ago according to the current regulations. The basement has the necessary space to build a spa and a parking lot and there would still be rooms free for storage or others uses.It is worth highlighting the situation of this hotel in Cala de Bou, it has impressive views of the sea, easy access to the centre of town. There are few hotels with the situation and views that this property offers.Full details available on request View more View less Outstanding investment opportunity!Ideally located, spacious hotel in front of the sea in San Antonio bay. This is a six floor hotel with 86 bedrooms, many of which have direct sea views. The hotel is fully operational, however has lots of potential to upgrade and renovate.The property is fully equipped although dated. The general electrics and maintenance of the entire hotel was completely updated just two years ago according to the current regulations. The basement has the necessary space to build a spa and a parking lot and there would still be rooms free for storage or others uses.It is worth highlighting the situation of this hotel in Cala de Bou, it has impressive views of the sea, easy access to the centre of town. There are few hotels with the situation and views that this property offers.Full details available on request
Reference: SEQD-T8564
Country: ES
City: Ibiza
Postal code: 0
Category: Commercial
Listing type: For sale
Property type: Business opportunity
Property subtype: Bar, Hotel, Restaurant
Luxury: Yes
Property size: 53,820 sqft
Bedrooms: 86
Bathrooms: 86
Parkings: 1
Swimming pool: Yes

SALE PRICE PER SQFT IN IBIZA

Average sale price per sqft
Oct 2023
3 months
1 year
House
USD 939
+8.6%
+13.7%
Apartment
USD 771
+3.4%
+16.3%
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AVERAGE HOME VALUES IN IBIZA

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REAL ESTATE PRICE PER SQFT IN NEARBY CITIES

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