Apartment · Resale Properties · Madrid · Costa Blanca North

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Ref.: CO-3230 20 20

Description

This is a great investment opportunity to purchase the freehold of stunningly located rural hotel. It is located in Casillas (Avila) which borders the province of Madrid and is just a 1 hour drive from Madrid city. Also Avila, Toledo, and Talavera de la Reina cities are just an hour away. The hotel is located in Sierra de Gredos and is surrounded by breathtaking natural beauty with panoramic mountain backdrops, pine forests, lakes, waterfalls and much more; all in all a rural paradise for relaxation and appreciating a different side of Spain. There are 12 bedrooms with en suite facilities in each and 2 of the rooms have been modified for disability with full disabled facilities and access in place. As an extra bonus to the bedrooms there are also 4 flats, each with 2 bedrooms, a living area and bathrooms in each – perfect for owner accommodation or even long term rental if required. Build size is 1000 square metres with 9000 square metres of land encompassing facilities including a private swimming pool, parking, nature trails, bar, restaurant, laundry and storage buildings. There is also permission in place from Junta de Castilla y Leon authorities to build an extra 1000 square metres giving great expansion potential. This can be purchased for private ownership and management or there is an option of a guaranteed long term tenant delivering a good yield in the short, mid and long term without having to run the operation.[IW]


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Currency Exchange

  • Pounds: 493.504 GBP
  • Russian Ruble: 42.863.865 RUB
  • Swiss Franc: 587.565 CHF
  • Chinese Yuan: 4.334.220 CNY
  • Dollar: 605.880 USD

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