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This 19-room hotel in Lanjarón was first listed at €450,000… now it’s just €380,000.
Here is what you get:
• 765 m² across six floors, with capacity for 34 guests
• 19 rooms: 11 doubles, 6 singles, and 2 triples
• A 48-seat restaurant (expandable to 80 for banquets)
• A 39 m² lounge space for events or groups
• A top-floor owner’s apartment with two bedrooms and a private 40 m² terrace
• Optional two-car garage in the back
The location? Gold. Lanjarón is the spa capital of the Alpujarra famous for its mineral springs, perched at the entrance to the Sierra Nevada mountains. You’re 40 minutes from Granada and just 30 from the Costa Tropical beaches.
The potential is huge: update the rooms, give the rooftop terrace a plunge pool, and market it as a hub for hikers, cyclists, and wellness getaways. Even at 45% occupancy and €150 ADR, you’re looking at nearly €470k revenue per year.
So who’s ready to buy this fantastic opportunity
#hotels @hotelforsales #luxury
Transcript
This freaking hotel is for sale. Let's do the math. The price, only €380,000. This is the one. It's a Spanish hotel with 19 rooms, a restaurant, and a whole top floor is an owner's apartment with a rooftop terrace. Now you're probably thinking, okay, but the location probably sucks. Completely wrong. It's located in Lanarón, Spain. A fantastic mountain town close to Sierra Nevada. Just forty minutes to Granada and thirty minutes to the beach. Mountains, tapas and sea all in one weekend. So is it a moneymaker right now? No, because the hotel is actually closed. But potential is absolutely insane. This is how I would turn it into a moneymaker. First, completely renovate the rooms. We're adding a fresh design with local touches and a completely upgraded bathroom. We have to get these rooms to the four star level and unfortunately best rid of these bad boys. Secondly, a light renovation of the restaurant. I mean, take a look at this. It's actually not bad at all. Yes, we have to get rid of the curtains and of this beautiful TL lighting. For the first year, I would probably focus on enhancing the equipment, putting a really good La Marzocco coffee machine and improve the equipment in the kitchen. Number three is fix the top floor. We're going to remove the owner's apartment and turn it into an actual suite in order to improve the rooms revenue and also turn the terrace into a proper rooftop terrace with a pool if the structure allows for it, but otherwise a light plunge pool and a sauna. This should be the place that every tourist is visiting when they're in the area in order to enjoy their afternoon drinks and watch the sunset. This is an easy win to increase the revenue. And last but not least, we're gonna go all in on marketing towards active couples because we don't only wanna be filled during the summer, but especially during the low season when the temperature is still really comfortable over here. This place is close to one of the finest hiking and biking trails in all of Europe. So we're gonna create special packages and market it towards active couples. So let's do some back of the napkin math over here. Imagine you would have a super low occupancy of only 45 with an ADR of €150 per night. You're going to have a yearly revenue of €467,000 per year. That's almost 100 k more than the actual listing price of this hotel. Do you have food and beverage revenue, upsell revenue, experience revenue still to come? This place will literally print money for you. Comment and I'll send you the listing.
