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Profitable 24 Room Hostel for Sale in Ibiza

Spain




Fully established hostel for sale on the popular island of Ibiza, in Spain. The hostel offers a stylish, quiet and comfortable accommodation. Located close to the Cala des Moro Beach, close to the world famous sunset bars Café Del Mar and Café Mambo. The business has been in continuous operation for nearly 40 years. Excellent reputation and customer satisfaction. The hostel has 24 rooms, reception, lobby, outdoor patio, cafeteria as well as a two bedroom apartment. Leasehold Rent: €45,000 per annum. 10 years left on current lease agreement. Annual property taxes of €5,500 payable in addition to monthly lease.

Price: 280,000 Euros

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