Premium New development

Hotel for sale

Málaga City, Malaga, Andalucia, Spain

£605,960 *  [€730,000]

Hotel for sale

Málaga City, Malaga, Andalucia, Spain

£605,960 *  [€730,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0

Features


  • 24h Security Service
  • Community Pool
  • Fully Furnished
  • Brand New
  • Sea View
  • Mountain View
  • Panoramic View
  • Close to Sea/Beach
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Full Description


A resort in Lombok is available for sale, situated on a hill overlooking Are Guling Bay. It's conveniently located, only a 30-minute drive from the airport and just 10 minutes away from the main tourism hub of South Lombok, Kuta Mandalika, known for its restaurants, bars, and shops.

The property features a private, fully-concreted access road that connects to the asphalted village road leading to the beach and Kuta Mandalika. The beach is approximately 1km away, easily reachable by motorbike or car in under 5 minutes.

Are Guling Bay is renowned for its exceptional surf waves, attracting surfers from all over Lombok. The property offers the opportunity to check the waves from its premises.

The estate includes a three-bedroom master villa with private access and parking. Two bedrooms are on the ground floor, and one is on the first floor. There's also the potential to build a fourth bedroom. The villa has a total living area of 215 m2, with a 33m2 terrace on the first floor, a 65m2 pool deck/terrace, and a 35m2 infinity pool. The panoramic view of Are Guling Bay is breathtaking.

Below the master villa, you'll find four exclusive bungalows, each on one level, with en-suite bathrooms, separate en-suite toilets, and stunning ocean views. Each bungalow offers around 50m2 of living space with a small terrace. High-quality finishes, such as terrazzo, have been used in the bathrooms, beds, and wardrobes. Each bungalow is named after Indonesian volcanoes and features a "whole wall artwork" behind the bed.

The resort has achieved superhost status and maintains an average occupancy rate of 75%.

On the final level, there is a community pool shared by the bungalow guests and an outdoor dining area where breakfast is served. The area comes with a separate parking space and a gardening house/storage area. A security post is located at the entrance of the property.

The estate can also be operated as a boutique resort, as it holds all the necessary licenses and permits.

It comes with a complete company setup. The foreign-owned company (PMA) holds the land title (HGB - right to build and use | government leasehold with underlying freehold rights) and possesses all the required licenses and building permits for operating the estate as a resort.

Facilities include a 100-meter deep well with four water tanks, a property-wide WiFi installation, connection to the PLN main power grid, and a private access road.

Income from the four bungalows varies between approximately €2,800/month during the low season and €5,000/month in the high season. The estimated price per night for the villa is between €300 and €400, depending on the season, with weekly rates ranging from €1,800 to €2,400 and monthly rates at €3,500.

The property includes:

Four Bungalows: Each bungalow offers 50 square meters of living space.

Infinity Pool: The infinity pool measures 8 meters by 3.5 meters.

Restaurant: The on-site restaurant covers an area of 45 square meters.

Security Post: A security post with an area of 16 square meters is located at the property's entrance.

Master Villa: The master villa has a total living area of 215 square meters.

Additionally, there is potential for further expansion to build more bungalows. The property seems to offer excellent opportunities for growth and development, especially considering its stunning location and amenities.
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Map may not show exact location

This property listing (ref: SPM2074) is an advertisement supplied by Strand Properties S.L. and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8301 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.