Boutique Hotel for Sale in Valldemossa
Property type: Commercial property
Property Reference ID: 6146
Area (M 2)
Boutique Hotel for Sale in Valldemossa.
Cas Angel 1800 is a 12-guest hotel project in a historic building located in the sought-after village of Valldemossa.
Oriented towards an “interior tourism”, keen at escaping the crowded coves and the heat and bustle of the center of Palma, and looking for a more private and peaceful atmosphere at a moderate price instead.
Intense market research suggests that Cas Angel 1800 is ideally located, guaranteeing a tourism influx all year long. In fact, Valldemosa has the highest daily tourist pressure index in Spain…
Cas Angel 1800’s revenue projections assume a minimum occupancy of 80%, i.e. 84 clients per week, resulting in weekly revenue 4.316 or 224,456.00 per year. This equates to 748 euros per square meter in annual sales that positions Cas Angel 1800 as a highly desirable concept in the hotel market, where 300 to 400 euros per square foot is considered moderately profitable and therefore a successful investment.
Expectations are that Cas Angel 1800 will produce a net annual cash flow of just over 152,000 euros.
The total investment needed to turn this property into a beautiful hotel amounts to minimum 350,000 euros including furnitures (business plan on request).
About the Property:
The installation is an independent and pre-existing historic building since the year 1800 (hence the name) of approximately 240 m2, of which 30 m2 are exterior. Following the planned reform, this property will enjoy 300 m2 area. It is a detached house with a ground-floor, first and second floors.
This municipality of the island of Mallorca is located 17 km from the capital, Palma. It is part of the Sierra de Tramuntana, a mountain range that stretches along 80 km of the entire northern coast of the island.
Surrounded by abundant and lush vegetation, it offers visitors a sense of calm and secular stillness. The Cas Angel 1800 is located 2 minutes from the main street: La Cartuja (which we can see from one of the rooms).
In short, an almost unaltered village for centuries, inhabited by warm people open to visitors. Valldemossa has already been chosen as a place of residence by illustrious characters such as the distinguished Rubén Darío, Melchor Gaspar de Jovellanos, Santiago Rusiñol or the Archduke of Austria Lluís Salvador, and more recently, by American actor Michael Douglass…
Please don’t hesitate to contact us for more details on this offer.