Commercial Property For Sale. Commercial Centre

Asking price 125,000 euros Leasehold

o Hostal with character situated in popular area
o Sea Views
o Pool, gardens and near the beach
o Rooms consisting of studios and apartments
o Cafe licence and bar

A hostal with rustic character, well presented, with sea views, swimming pool and gardens. Built in 1885 the hostal has been renovated, mixing old and new. Open 12 months of the year and situated on the outskirts of Palma near to the beach, the lovely port, shops and dining area.

The accommodation consists of doubles, singles and triples all en/suite some with balcony or terrace. There is an office that could be converted to two extra rooms if so wished. In the gardens you will find separate to the main building 4 rooms with en-suite presently used for staff, and a further 11 studios with fridge and microwave, that are mostly used by students on long term lets, therefore, creating a budget type room and regular income.

A profitable bar and figures may be obtained on request, for anyone who is seriously interested in this particular enterprise. Due to ill health the present owner wishes to sell the business and retire The business would be ideal as a family concern and the possibility to live on site.