Description:

Located in front of the best urban beach in Altea, over a 761 m2 plot, This nice family Hotel has 24 modern rooms all with WiFi. The promenade district where the hotel is located is a quiet area between the shopping area and the busiest restaurants and bars zone. The location also has easy access to the beautiful old town of Altea with all it’s local amenities, shops, supermarkets, and market place.

On the ground floor (432 m2) is located the reception, lounge area, kitchen, bar, restaurant and TV room. Plus the front terrace of 120 m2 is facing directly across the promenade to the sea. The upper two floors (450 m2 each) host 24 double rooms, including four suites overlooking the sea.

The basement (430 sqm) is not currently in use but could be suitable for many uses. The total built area, according to official data is 1.632 m2 plus the 430 m2 basement. The building was built in 1965 and renovated to a high standard in 2000.

The hotel is currently rented and the agreement ended in April 2014. The current Urban planning regulations allow to elevate to 6 levels to the sea front and 5 to the back street if required. The asking price of 6.000.000 Euros includes an ajacent building plot as described below.

The property is divided into two parts:

1. Hotel on the Sea front. Access by St. Pere st. 28th (Sea promenade) Plot Size: 761 sqm
Construction: 1.632 sqm + 430 sqm basement : Current use: Hotel : Rooms: 24 : Car access: Yes : Terrace: 120m2

2. Buildable plot. Old Town views. Access by La Mar st. 115th : Plot: 533 m2 : Allowed Construction: 405 m2 : No current use {ruin} building plot only: Car access: Both sides

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Air Conditioning
Faces South
Terrace