Portfolio of Four Hotels – 2,3 and 4 Stars Ibiza, Spain For Sale – 900 Rooms €220m

Location: All Within 20 Minutes Walk from Each Other, Playa Es Canar, North East Coast, Ibiza Island, Spain

Names: TBA

Guide Price: €220m

No. of Keys: 357, 255, 368 and 123 – 900 in total

The Opportunity: To acquire this portfolio of 1 two-star, 2 three-star and 1 four-star resort hotels. Es Canar is a beach resort village on the island of Ibiza. The resort is in the municipality of Santa Eulària des Riu. The resort is reached along the street called Cami d’Escana from Santa Eulària des Riu. The resort is 12.4 miles north east of Ibiza Town and 16.9 miles of Ibiza Airport.

The two-star hotel

There is little remarkable about these hotels, except perhaps the price!

Main Picture: The four-star hotel in the group

Current Owner: A major player with 20 hotels in Spain – Ibiza, Mallorca and Menorca

Flag and Management: Free to new owner.

Financials: Full details available upon LOI/EOI

Tenure: Freehold

Agent: Local agent in partnership with THPT

Guide Price: €220m

Guide Price per Key: €244k

Date Posted: July 2021

THPT Comment: An opportunity to burst onto the Ibiza landscape with a decent number of rooms….Es Canar is a small friendly resort with a good choice of bars and restaurants, a crescent-shaped sandy beach, a small harbour for fishing boats, and home to the famous weekly hippy market of Punta Arabí. Away from the madding crowds!

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.

For more information – Visit www.thpt.co.uk or email info@thpt.co.uk.

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.