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Investment opportunity for small hotel or guest house in Nerja

Investment Nerja

Nerja enjoys all year round tourism, naturally stronger during the summer, but also very manageable during the winter period. All shops and restaurants, including those on the beaches, remain open, and due to its fine climate, attracts visitors 12 months of the year.

There is already a wide choice of small hostal and hotel accommodation in the town. Just recently, the Burriana beach in Nerja was voted by the Spaniards as one of the top ten beaches in Spain through a poll on a leading Spanish website. Due to this popular demand, there is room for even further establishments, in the right location.

We wish to offer one of the first luxury villas ever built in Nerja in the sixties. Today, this property is in need of a complete renovation and/or demolition.

However, the property is located in one of the most emblematic roads in Nerja, that leading to the Parador Hotel. Built on a corner plot of 1.000m2, the property, on two floors, measures approximately 450m2. The main accommodation is on the ground floor with a very large and long lounge/dining room that runs through the entire property from the front porch to the rear garden. There are 3 bedrooms in one wing to the left and a further three, to the right. An external staircase leads to 3 further bedrooms upstairs.

The property could either be completely refurbished, or demolished and rebuilt. In the latter case, a building volume of 500m2 would be allowed allowing for the construction of a 20 room guest hotel or hostal that could provide B&B, a bar and small kitchen for snacks, a rooftop solarium, private garden with swimming pool and private underground parking (essential)…. all situated within just 5 minutes walk of the famous Burriana beach, and less than 10 minutes to the centre of town and the equally famous Balcon de Europa.

Also, the property could be used for other social purposes or a private clinic.

UPDATE: 17th June 2014:

The price of this property has been substantially reduced from an original price (last year) of 995,000 Euros to just 690,000 Euros.

UPDATE: 10th September 2014.

Further REDUCED IN PRICE to just 600,000 Euros.

UPDATE: 5th August 2015. This project has now been SOLD.

For further details of other investment opportunities in and around Nerja, don’t hesitate to contact us.



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