16 bedroom property near Tarifa

Price: €349,000 | TSEA4827445

Hostel for Transfer in Tarifa - Unique Investment Opportunity

A hostel with an active license and multiple subcontracted businesses is up for transfer in an unbeatable location in Tarifa, one of the most sought-after tourist destinations for surfing and kitesurfing.

Transfer Price: €400,000
Monthly Rent: €4,200 (for two warehouses and commercial premises).
This establishment consists of two buildings:

Building 1: It has a valid opening license, with the possibility of future purchase.
Building 2: Recently expanded, it has 108 accommodation spaces. The process of obtaining the license is in its final stage and is expected to be granted within 2-3 months. Coordination with the City Council or the municipal architect can be arranged to expedite documentation supporting this process.
16 rooms with a total capacity for 108 guests.
3 bathroom blocks, each equipped with 4 showers.
2 bar services available for guests.
In addition to its accommodation offerings, the hostel has several subcontracted businesses that generate additional income:

Bar with kitchen
Surf and kitesurf school
Clothing store
Rooftop terrace, with the option to install a pool, which would further enhance its appeal to customers.
The business's revenue and profitability are demonstrable, with a profitability rate of 28.90% (excluding financial capital and depreciation of initial investments, as the buyer would find when acquiring the business).

Attached are the current plans, showing all facilities and their distribution.

This is a unique opportunity for investors interested in a well-established and growing business in one of the best areas of Tarifa.

For more information, feel free to contact us; we would be happy to assist you.