Hostel in Arroyo de la Miel

€ 880,000
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Property details
CDS30907 CDS30907 Real EstateCostaDelSolPropertyGroup.com Limited Availability 2026-03-19 880000

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  • Property ID: CDS30907
  • Price: € 880,000
  • Plot Size: 0 m2
  • Built Size: 800 m2
  • Terrace Size: 800 m2
  • Bedrooms: 22
  • Bathrooms: 24
  • Property Type: Hostel
  • Views: Sea,Mountain
  • Parking: Garage
Setting
  • Commercial Area,Village,Close To Shops,Close To Sea

Description

Spectacular hostel project in the center of Arroyo de la Miel, in Benalmádena.
"Highly profitable investment, greater than 10%, following the project we have created.
This hostel is aimed at clients looking for a modern, elegant room with many facilities at a competitive price.
The main client will be vacation tourists, both national and foreign, however, due to the location of the hostel, it could be used for for other types of business.
Being very conservative and using data with very low prices and with an annual occupancy of 50%, the annual return is 13.50%.
With more realistic data, we would use an annual occupancy of 70% and the annual return in this case greater than 20%.
According to INE statistics, the number of tourists who choose Benalmadena as a tourist destination is increasing.
Arroyo de la Miel is an area in demand by visitors due to its central location, proximity to all services such as public transport, restaurants, proximity to beaches, etc.
The hostels that exist today in Arroyo de la Miel are quite old.
The market needs a new hostel with a modern air, with a simple and elegant design to satisfy the demand of the medium-high client who travels in family in search of accommodation similar to a four-star hotel at the price of a hostel.
The hotel sector in Benalmádena registered the highest occupancy rate in Andalusia in the first fortnight of June, with 89.76%, ahead of other tourist towns in the autonomous community such as Chiclana (87.85%) or Torremolinos (86%).
We offer several purchase options:
- 890.000€ with the project unfinished, in the current state.
- 1.390.
000€ with the finished project and with the work completed in 6 months.
If you need more information, don't hesitate to contact us!"


Features
  • Lift,Guest Apartment,Access for people with reduced mobility,Domotics

Property video

Location
  • Area: Málaga
  • Town: Arroyo de la Miel

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About:

Benalmádena (Spanish pronunciation: [benalˈmaðena]) is a town in Andalusia in southern Spain, 12 km west of Málaga, on the Costa del Sol between Torremolinos and Fuengirola.
Benalmádena is rich in attractive beaches and interesting places like the Colomares Castle, the 33-metre-tall Buddhist Benalmádena Stupa, the largest Buddhist stupa in Europe, the Benalmádena Marina and the Benalmádena Cable Car.
Benalmádena covers an area of just over 27 km2 that extends from the summits of the Sierra de Mijas to the sea, falling in some places as a cliff.
The territory is crossed from east to west on Highway A-7, which connects with the provincial capital and other centres of the Mediterranean coast.
With 61,383 inhabitants according to the INE census of 2010, Benalmádena is the eighth most populous municipality in the province and the third largest metropolitan area, behind Málaga and Torremolinos.
The population is concentrated in three main centers: Benalmádena Pueblo, Arroyo de la Miel and Benalmádena Costa, although the high urban growth and demographic tends to unify the three cores.
Benalmádena has been inhabited since prehistoric times.
Benalmádena experienced a remarkable development during the period of Muslim domination.
Its development was paralyzed after joining the Crown of Castile in 1485 due to various natural disasters and the intensity of the activity of privateers in the area.
The paper industry and vineyard cultivation reactivated the local economy during the 18th and 19th centuries.
In the early 21st century Benalmádena is one of the main tourist destinations on the Costa del Sol, with leisure facilities including an amusement park, two aquariums, a casino, a cable car and one of the largest marinas of Andalusia.


Taxes & Fees
Community Fees
Basura Tax
IBI Fees


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