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Hostel * to Sell in a Modernist Building of Barcelona City Center

Hotel, Buy | Spain, Barcelona, Ciutat Vella, Gòtic
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4,045,000 EUR
Approx. 4,528,784 USD
Price
Price-Icon
4,045,000 EUR
Approx. 4,528,784 USD
Price

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What you should know about this property


Amenities and special features of this property

EXCEPTIONAL PRODUCT: The Hostel is in a floor of a modernist building from 1881, with elevator. It was refurbished in 2012 and boasts 11 guest bedrooms, with possibility of additional 5 rooms. It offers three types of rooms with private bath, only a shower and a shared bathroom. All have heating , ceiling fan , satellite TV , free WIFI service and outside balcony in some of them . 24h reception.

FREEHOLD WITH VACANT POSSESSION: The freehold interest is being sold unencumbered by brand or management.

POSITIVE MARKET OUTLOOK: Occupancy 85%-100% during all the year. Profitability up to 7%.

GROWING MARKET: Demand is expected to increase in Barcelona City Centre.

THE SALE PROCESS: The Hostel is being offered for sale by private treaty and offers are invited for the freehold of the property and the business as a going concern. Additional information on this opportunity and full details about the Hostel, its trading performance and projections are available upon request to Engel&Völkers Commercial.


Gòtic: Location and surroundings of this property

STRATEGIC LOCATION: The Hostel is strategically located, in the heart of the city of Barcelona, just five minutes walk from Plaça Catalunya and 30 minutes from Barcelona airport


Contact your personal advisor
Engel & Völkers Barcelona Commercial - Coming soon
  • EV MMC SPAIN, S.L. & CIA., S. COM.
  • License partner of Engel & Völkers Commercial GmbH
  • Ingrid Fernández-Duch
  • Barcelona
  • Phone: +34 93 515 44 44
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