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Wellness Resort For Sale

€25.000.000

Hotels & Resorts

#16756

Core+, Value-Add

14 Mar 2024

Property Details

Owner

For sale

160

156,250

Freehold

Management

Thermal pools, wellness facilities, shops, FnB outlets, meeting rooms, a museum, a dance club

X

Fees

Investment Overview

This hotel is a landmark in its region. It has been in the owners family for over 4 generations. When the newer building was first conceived in 1956, the hotel became the place to be for the Spanish elite, and became the place of choice for politicians, artists and celebrities. Large wellness resort in an unbeatable natural setting. The property consists of two hotels, a historic 64 (3*) room hotel and a modern modern 92 room hotel (4*). The plot consists of 400,000 m2 of landscaped gardens, thermal pools, large wellness facilities, shops, FnB outlets, meeting rooms, a museum, a dance club and other buildings, including a sophisticated property that currently is a residence, but could be converted into more rooms or part of the wellness side of the business. The business was visioned and constructed by a wealthy member of the family who treated it as his dream, creating something extremely magical that proved to be very profitable during the 90s. This property is also very special due to the natural characteristics of the situation where it sits. It has the Guiness World Record for largest amount natural of water springs in one location. These are thermal and mineromedicinal. This is a unique (one in the world) opportunity that can serve as a the core unique selling point from which to develop a luxury eco-resort / wellness resort. All shareholders have agreed to sell at the expressed price. The hotel has a small debt that is easily manageable, but we would like to sell the business debt-free, and thus, we would be paying the debt after the sale.