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PORTO CRISTO - CLOSED WATERFRONT HOTEL/DEVELOPMENT

Porto Cristo, Mallorca

Asking Price Freehold €1,680,000
Tenure Freehold

Description

FREEHOLD €1,680,000. No direct approach to be made to the business; please direct all communications through Sidney Phillips. Viewing strictly by appointment only.

Location & Situation

The hotel is a substantial and prominent five-storey property situated on the marina, a prime real estate position. It enjoys strong levels of footfall, especially during the summer months. The property sits on a plot measuring in the region of 1,200m². It benefits from: - RECEPTION AREA - LOUNGE - DINING ROOM - TRADE KITCHEN - 12 HOTEL ROOMS - OUTDOOR SWIMMING POOL with views - ROOF TERRACE - FRONT DINING TERRACE There is potential to increase the number of rooms within the current layout. Alternatively, subject to obtaining the relevant permissions, the property would be an ideal investment for conversion into a number of residential or holiday apartments/suites.

Details

Property Type
B&B/Guest House, Hotels, Holiday Flats & Apartments, Public House, Other Leisure Businesses

SidneyPhillips

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