151 bedroom commercial property for sale with 0.9 hectares of land, Sol Del Este, Es Castell, South Eastern Menorca, Menorca
11,000,000 EUR 9,900,000 GBP 12,980,000 USD
REF: 218761 Show Map
- Bedrooms: 151
- Bathrooms: 163
- Floor Size: 7,000 m2
- Plot Size: 0.9 hectares / 2.22 acres
- Work Required: Major
- Swimming Pool
- Gite / Annex / Additional Accommodation
- Income Potential
- Parking space(s)
Exceptional opportunity to purchase an entire residential complex with 151 x 1 bedroom apartments located in the Sol des Este area of Es Castell, currently registered as a Tourist Establishment for use as an apart-hotel business, with 295 tourist places.
Located on the east coast, overlooking the sea from some areas in the complex and very well located within walking distance of the city of Mahon, port and airport, the plot occupies just over 9,000m2 with a total constructed area of more than 7,000m2.
With the possibility of expanding the existing building, (subject to regulations and licenses).
The apartments are each around 40.6m2 and there are different service areas for recreation, a disco, bar, 2 swimming pools, 2 children's swimming pool, various terraces and garden areas.
Originally built at the end of the '80s, after a long time being closed, the complex requires significant investment for refurbishment, although the possibilities are enormous as the position is so good being the first village as one enters the Port of Mahon.
There could also be a change of use to residential for the subsequent individual sale of apartments.
Please note: the entire complex does not have tourist use, as a part is intended for residential use, but this can also be incorporated into tourist use since it is located in an area suitable for holiday rentals.
- 4 swimming pools
- Various terraces
- Communal gardens
- Sea views
- 151 properties
- 163 bathrooms
We are a free, international and independent luxury real estate company delivering a bespoke service to discerning buyers and sellers globally.
To view this property or to find out more information, please contact us through our enquiry form or by telephone.
Create an account and save this property for later.
Read features and articles about desirable destinations, amazing properties and handy buying tips on our property blog.
We also post daily property bargains and other content on to our social media pages. Don't forget to like and follow to keep up to date!