Five-Star 170+ Rooms and Suites Spa & Golf Resort, Los Monteros, Marbella For Sale

Location: Close to Marbella Golf & Country Club, Los Monteros, Spain. 50km from Malaga Airport….40 minutes drive. 15 minutes drive to Marbella Town

Name: TBA

Guide Price: €65m

No. of Keys: 170+

The Opportunity: Founded by a famous local businessman, the hotel was opened in 1962 with 35 rooms, but its high demand made it expand up to three times, to become a 170+ room luxury hotel with 20 luxury villas (not included in the sale). More than half of the rooms are Junior Suites.

The complex is made up of: the Hotel, an 18-hole classy golf course, the tennis club, the beach club, michelin-starred restaurant, the first hotel establishment in Spain, a full-on fitness spa, including an ice spa and the equestrian club. There are another two restaurants and 1,000 sqm event space.

The original hotel was built at the same time as the first collection of private villas in La Reserva de los Monteros. Since then a number of other residential developments have risen, including the urbanisations of Bahía Real, Las Chapas and Golf Río Real Village.

On the doorstep is the Hospital Costa del Sol, which is the main general hospital for the entire Costa del Sol. It is known for its excellent healthcare and translators are available for non-Spanish speakers. The nearby English International College is only a 10-minute drive from the hotel.

One person has made the Los Monteros area even more famous, namely international film star Antonio Banderos. The Málagueño actor has a beachside villa here meaning you could be his neighbour with this exquisite six-bedroom villa on Playa Los Monteros and adjacent to the hotel. GB

Main Photo: The hotel at dusk

Tenure: Freehold. The sale will be for the shares in an off-shore company

Financials: Past financials available upon signing of NDA and LOI

Flag and Management: Free of both

Current Owner: Local individual

Agent: Local agent in partnership with THPT

Guide Price: €65m

Guide Price per Key: €375,723

Date Posted: June 2020

THPT Comment: A unique opportunity to acquire this well-established five-star hotel, with a strong history and heritage, well located in Marbella.

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This is a new feature on the THPT site…. Hotel & Serviced Apartment owners can be naturally reticent in publicising their property is for sale…for confidentiality reasons, for staff and current client reasons, so the properties featured in this section will either be “generic” or “name specific”

Each fortnight we mail the opportunities posted that week, but check-out the tab “Hotels Available” and call us for details of “Under the Table” – deals not posted on the site at all

The Hotel Property Team (THPT) is a small group of highly experienced business professionals. Between us, we provide a range of skills and experience which is directly relevant to those involved in the hotel property market.

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MISREPRESENTATION ACT 1967. This information is provided as a general guide and is not intended to be constructed as a statement of fact upon which interested parties can rely. All interested parties should make their enquiries by inspection or otherwise. Neither The Hotel Property Team (trading name of Impetus Marketing 2006 Ltd) nor any person in our employment has the authority to make, give or imply any representation or warranty whatsoever relating to the premises referred to in these particulars. These details do not constitute any offer, contract or any part thereof and all negotiations relating to the premises should be conducted through THPT.