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Cala Ratjada - East - Freehold Hostel

Sale Price:
€ 1,900,000
Referenz Nummer:
Cala Ratjada
Commercial / Investment
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For the purposes of this calculation we have automatically entered 60% of the purchase price as the loan amount at an interest rate of 3.5% payable over 15 years, but please feel free to change any of the figures as you wish.

Darlehensbetrag(ohne Komma):
Monatliche Zahlungen:

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Referenz Nummer: 3018a
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The property also benefits from a separate reception, dining / breakfast room, ample terraces and a good sized swimming pool. All included in the price along with the fixtures, fittings and all operational items needed for a turn key business like this. The hostel is in a tranquil zone yet just 200 metres from the centre of town, near to the beach, charming walkways and harbour. This is a thriving resort attracting visitors from all over the world.
The business can open all year round but currently trading seasonally by owner's choice. The property is semi-detached, set on it's own land (approx 800m2) with easy parking surrounding. Ground floor - reception area, a bar / dining room with 50 covers plus various sunny terraces. 1st and 2nd floor comprise of the 20 rooms split over the two floors (8 with balcony 12 with large window and all en-suite with showers) 3rd/Top floor comprises a large private apartment (owner's accommodation) and 3 non-official rooms for overflow. The basement has storerooms, 3 cellars, plus terraces leading to the private hotel pool.
At present the hotel is occupied for the majority by German clientele with many repeat visitors, plus they have an invaluable contract for more than 10 years with TUI (Thomson Holidays). Current occupancy 90%, with average rooms rates between 50/60€ a room a night. Figures available in person to qualified individuals.
Other Details:
A superb, well kept and beautifully maintained 23 Room 2 Star Hostel & Apartment, trading under same ownership since 1994.

About East

 The  East Coast of Mallorca ranges among the areas most developed for tourism in Mallorca with holiday resorts like Cala Millor and Porto Cristo. The resorts and beaches guarantee holiday fun and entertainment at its best. Fine sandy beaches with a clear crystal water, a wide choice of leisure time activities and the yacht harbours attract many visitors of the island every year. Off the coast life is quiet and relaxed though and has kept its authentic charm. The scenery is hilly and beautiful, with all shades of green providing the ideal surroundings for charming country hotels and typical country houses, usually with big plots of land.

Those looking for property, be it apartments or chalets at the coast or villas and country houses in the countryside, will find a fine selection of properties here with good value for money.