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Buy • Investment • Mallorca • Sineu
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Prestigious boutique hotel set in an idyllic village in the centre of Mallorca

Object No.: R24601

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Recommend

€3,500,000

Purchase price

995 m²

Plot Area

10

Bedrooms

13

Bathrooms
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Highlights

  • Pantry kitchen
  • Bars and restaurants within walking distance
  • Mountain View
  • Fitness room
  • Furnished
  • Central music system
  • 24 hours security system

Description

Luxury Boutique Hotel in the heart of the Island Situated in a bustling authentic market town in the centre of the Island, this gorgeous boutique hotel is within 2 minutes’ walk to bars and restaurants and an 8-minute walk to the train station giving good access to Palma and outlying towns. The original stone property has been lovingly refurbished with lots of original details, a real sense of sophistication and attention to detail. It has 10 rooms, all individually designed in an art deco soho house theme and most rooms have herringbone parquet floors or original Mallorcan tiled floors. Respecting the historic nature of the property means that each of the rooms offer different sized accommodations from the smallest double room at 24 sqm to 2 junior suites and 2 full suites one with its own kitchen and one with its own large bespoke jacuzzi pool and sauna. It has a Turismo Interior licence which includes the use of a restaurant. Currently there is a small bar and 2 large lounge areas, a large bespoke kitchen with Gaggenau appliances, large indoor and outdoor dining room, well-equipped gym, separate indoor private events or meeting space, on site laundry, 3 public toilets and a 9 x5m saltwater pool with infinity edge. There is a private parking area with space for 4 cars and storage which also doubles up as a wedding ceremony venue. It is rare to find a property ready to start trading without the need for further refurbishment. That said, there is an opportunity to increase occupancy rates and create an additional 2 or 3 extra bedrooms, subject to permissions and to maximise the restaurant. It’s also an excellent opportunity for rent for private events such as weddings and special occasions or as a catered villa. It is currently listed on Mr and Mrs smith hotels and has a booking.com review score of 9.8. There is an excellent Telegraph review 9/10 and the property currently features 3rd out of the Telegraphs top recommended hotels in the whole of Mallorca. Over 60% of the bookings are direct and over 50% of guests are returning guests. This is a great opportunity to have a ready business with forward bookings, and to increase the F&B with a full restaurant in the evenings as the property currently only offers breakfast and lunch. This unique property could suit investors that may want to increase both the restaurant side of the business as well as additional rooms and increased bookings. For new hoteliers wanting to live the dream, this property is a manageable size and there is the ability to retain the current team of multi- lingual staff. Do not hesitate to contact our team for more information or to arrange a viewing. Our team is at your disposal at any time.

Amenities

  • 24 hours security system
  • Air condition
  • Barbecue
  • Bars and restaurants within walking distance
  • Central music system
  • Close to golf
  • Close to school
  • Close to shopping area
  • Fire detectors
  • Fitness room
  • Furnished
  • Furnished kitchen
  • Garage
  • Green zone and neighbourhood
  • Historic old building
  • Mountain View
  • Pantry kitchen
  • Satellite TV
  • Sauna
  • Single-glazed windows
  • Swimming pool
  • Whirlpool
  • Wooden windows

Location

Sineu

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