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6 aparments & owner´s house at La Covatilla sky resort

  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  

€ 483,000

£400,720.95
$501,837.00

6 aparments & owner´s house at La Covatilla sky resort

Property Overview
• Location: Near La Covatilla ski resort and town of Salamanca.
• Plot Size: 328m².
o Free Surface Area: 134m² (building's backyard).
Hotel Building (Hospitality Use)
• Total Area: 405m².
• Age: 10 years.
• Heating and Hot Water: Provided by a diesel boiler in the hotel's facilities room.
• Layout:
o Ground Floor: Reception area, facilities, unequipped kitchen, area prepared for a restaurant.
o 1st Floor:
 3 apartments (2 with 1 bedroom, 1 with 2 bedrooms).
 Require equipping of kitchens, bathrooms, and furnishing.
o 2nd Floor:
 3 apartments (2 with 1 bedroom, 1 with 2 bedrooms).
 Currently operational by the owner.
Adjacent Building (Owner's House)
• Total Area: 144m².
• Age: 10 years.
• Current Use: Owner's home but can be integrated into the hotel business.
• Layout:
o Duplex: 2 bedrooms, fully equipped, furnished, and in use.
o Shared Backyard with the hotel building.
Apartment Details
• 1-Bedroom Apartments: Living room, dining room, integrated kitchen.
• 2-Bedroom Apartments:
o Living room, dining room, integrated kitchen.
o Two bathrooms (one in the master bedroom).
Financial Details
• Sale Price: 483,000 euros.
• Included in Sale: The company owning the hotel property and the business operation may be included in the sale price.
Key Points for Consideration
1. Investment Opportunity: The property includes both hospitality and residential components, providing flexibility in business operations and additional revenue streams.
2. Renovation Needs: The 1st-floor apartments in the hotel building require equipping and furnishing, which will incur additional costs.
3. Proximity to Ski Resort: The location near La Covatilla ski resort is advantageous for attracting tourists, especially during the ski season.
4. Potential Expansion: The adjacent residential building can be integrated into the hotel business, potentially increasing the number of rentable units.
5. Heating and Utilities: Centralized heating and hot water system using a diesel boiler might need assessment for efficiency and costs.
Potential Uses
• Hotel Operation: Continue operating as a hotel with 6 apartments, expanding to 9 by integrating the owner's house.
• Mixed-Use: Partially operate as a hotel while using the owner's house for personal residence or staff accommodation.
• Full Residential Conversion: Convert the entire property into a residential rental business.
Final Thoughts
This property offers a versatile investment opportunity with potential for growth and expansion. However, careful consideration of renovation costs and operational logistics is necessary to maximize its potential. The location near a popular ski resort enhances its attractiveness for tourism-related ventures.

Apartment block

Property ID: 59770

For:
Sale
Built in:
2013

Spain

Castilla y Leon

Address:
CL VARRIJOLLO 10, 37716 LA HOYA SALAMANCA, SPAIN

La Hoya, Salamanca
Close to:
Historic centre, School, University, Hospital, Shopping area, Touristic area, Ski slope, Natural park, Forest.
Setting:
Countryside, Village, Mountain.

Contact me about this property for sale

Celemin Real Estate SLU
Leon Guy Tamborero
Phone: +34625666449

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