Townhouse in Arcos de la Frontera

Arcos de la Frontera, Spain

For Sale

€995,000

REF: 947289 €995,000


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20

Description

Gilmar presents this hotel in operation located in one of the main streets of Arcos de la Frontera. The hotel, with a long history since 2000, has gone through several phases of remodeling to become what it is today. A modern hotel with a lot of charm, since original elements of the building, dating from the 18th century, have been respected.

Some of the rooms are vaulted, thus preserving its original arches. It currently has twenty rooms, of which three are single rooms. The hotel has four floors, with a chill-out terrace that has stunning views of Arcos. The hotel is not being exploited in its entirety, since it hides a very special part, with multiple possibilities of use, which will give a unique complement to the service offer of the hotel, being of enormous attraction for the guests themselves, as well as for the general public of Arcos, which with the large influx of tourists that congregates throughout the year, may represent an attractive source of income.

In addition to this, the sale price includes a plot annexed to the hotel building, with a construction possibility of approximately 800 m2, which will be an excellent opportunity to expand the hotel offer. And to complete the offer even more, the hotel building has an adjoining premises, of about 50 m2, which also has no current use.

In conclusion, this hotel and its multiple expansion possibilities, are an unparalleled attraction for any investor who wants to acquire a hotel in operation in one of the most significant tourist villages of the Route of the White Villages of the Sierra de Cadiz.
Gilmar presents this hotel in operation located in one of the main streets of Arcos de la Frontera. The hotel, with a long history since 2000, has gone through several phases of remodeling to become what it is today. A modern hotel with a lot of charm, since original elements of the building, dating from the 18th century, have been respected.

Some of the rooms are vaulted, thus preserving its original arches. It currently has twenty rooms, of which three are single rooms. The hotel has four floors, with a chill-out terrace that has stunning views of Arcos. The hotel is not being exploited in its entirety, since it hides a very special part, with multiple possibilities of use, which will give a unique complement to the service offer of the hotel, being of enormous attraction for the guests themselves, as well as for the general public of Arcos, which with the large influx of tourists that congregates throughout the year, may represent an attractive source of income.

In addition to this, the sale price includes a plot annexed to the hotel building, with a construction possibility of approximately 800 m2, which will be an excellent opportunity to expand the hotel offer. And to complete the offer even more, the hotel building has an adjoining premises, of about 50 m2, which also has no current use.

In conclusion, this hotel and its multiple expansion possibilities, are an unparalleled attraction for any investor who wants to acquire a hotel in operation in one of the most significant tourist villages of the Route of the White Villages of the Sierra de Cadiz.
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Property on Map

#206153

Currency Exchange

Arcos de la Frontera, Spain

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Spain do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Spain takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €995,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€995,000 £819,781 £841,860 £22,079
Property Price € €995,000
Minimum cost in the last six months £819,781
Maximum cost in the last six months £841,860
Fluctuating exchange rates over the last six months could have increased the cost of this property by £22,079

Arcos de la Frontera, Spain

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Spain do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Spain takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €995,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€995,000 £819,781 £841,860 £22,079
Property Price € €995,000
Minimum cost in the last six months £819,781
Maximum cost in the last six months £841,860
Fluctuating exchange rates over the last six months could have increased the cost of this property by £22,079

The exchange rate on the day you make an offer on your property in Spain will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £22,079 more.

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