Four 4-Star Hotels in Tourist Complex, Malaga, Spain For Sale – 864 Keys for €1,168bn – €136k Per Key

Location: Benalmadena, Malaga, Spain – 20 Minutes Drive from Malaga Airport; 40 Minutes from Marbella Centre

Names: TBA – Open to new owner to rename

Guide Price: €1,168bn

No. of Keys: All Four: 864

The Opportunity: To acquire this seriously major four-hotel tourist complex, sea-facing in between Malaga and Marbella.  This All-Inclusive resort complex comprises:
100,000 sqm plot (25 Acres)

4 x Four Star hotels with a total of 864 rooms
A Beach Club with full tourist amenities
10 Swimming Pools
16 Restaurants
12 Coffee Shops/Snack Bars
3 Pubs
4 Outdoor Auditoriums
A Medical Centre
3 Cinema Lounges
5 Kindergartens
7 Shops
4 Spas
Conference Rooms
Within the complex is 100,000 sqm area with a project plan to build two additional 4 and 5 star hotels providing a further 1,250 rooms. Adjacent to the existing plot is further 90,000 sqm (22 acres) suitable for a sports centre to include 4 football pitches! We said it was seriously large.

Main Picture: The long-view of the resort with one of the four hotels in the foreground

Current Owner: A private family company

Flag and Management: Free to new owner. There is an option to make a sale and leaseback deal, if desired

Financials: Pre-Covid the hotels had a 80% occupancy producing a 5% yield.

Tenure: Freehold

Agent: Local agent in partnership with THPT

Guide Price: €1,168bn

Guide Price per Key: €136,000 – with land galore included

Date Posted: July 2021

THPT Comment: A great opportunity to become a major player in the Malaga-Marbella resort business, with scope for further expansion and/or upgrade.

Contact us for further information

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.