For Sale: Well-run luxury B&B with expansion potential in Riogordo Málaga, Spain

Details

This luxury Bed & Breakfast offers a unique opportunity for entrepreneur or families. Located in the campo on an urbanization, just 3 car minutes from the lively village of Riogordo, with 2,500 inhabitants, this location offers the best of both worlds: rural tranquility and conveniences of an urbanization. Riogordo has regular bus connections to Málaga and several supermarkets. The property, built in 1998 and completely renovated in 2019, offers four spacious, ground-floor B&B rooms, each with private entrance, terrace, bathroom and air conditioning. There are also communal terraces and a spacious breakfast terrace with sun blinds. The owners’ living area includes a spacious living room with high ceiling, large eat-in kitchen, private bedroom with walk-in closet and bathroom, and a private terrace. The outdoor pool offers privacy for both guests and owners. Additional amenities include a 20,000-liter water tank, descaler, 6 kW solar panels and ample parking. The 7,800-square-meter property is partially fenced and accessed through a remote-controlled gate. The urbanization has street lighting and a communal water treatment plant. There is also possibility of expansion with 2-3 additional rooms or cottages. Despite a slow start by COVID-19, bookings are now overwhelming and the B&B offers a stable, profitable existence. This immaculately maintained complex is ready for new owners who want to continue its success. The current owners, who have enjoyed developing, are looking for successors and would like to transfer the property.Asking price: € 754,000 for the property Optional: € 25,000 for goodwill, house style, name and B&B inventory.