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Tourist establishment for sale in Formentera

EUR 9.500.000
Formentera, Formentera, all
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Description

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Tourist establishment for sale in Formentera
It is an apartment complex located in one of the best beaches in Formentera.

The tourist complex consists of a reception, ample parking, and the apartments that are pleasant and welcoming, cared for in every detail and have everything the clients need to make their stay comfortable and relaxing. All have a large terrace where you can enjoy the lifestyle of Formentera and its unforgettable sunset.

– They have a large terrace from which to enjoy the beautiful blue sea, the large gardens and the Mediterranean sun. All the apartments are fully equipped (air conditioning, TV, fridge, ceramic hob, microwave …) and are very well decorated.
An open kitchen and a living room, a double room with a double bed and a good comfort shower and can accommodate 2 + 2 people. The studios can accommodate 2 people (2 single beds or in the form of a double bed

The establishment is located a few meters from the beach, has a lot of privacy. All the apartments are up to date, so they do not need any kind of renovation. Complex area is approximately 800mq. In addition there are the annexes of facilities that have an area of ​​about 500mq. In comparison to other establishments on the island, it stands out for its exceptional location with direct access to the sea from the apartments.

ESTABLISHMENT CAPACITY: 48 PAX

The island of Formentera is one of the favorite destinations of the Mediterranean Sea and offers sun and beach tourism in the period from the beginning of May to the end of October. The island has a hotel accommodation capacity of 122 establishments, with 3,411 units and 7,828 spaces. The 4-star hotels and the 1-key tourist apartments predominate (2016 data). In terms of provenance, on the island of Formentera, Italian and national tourism predominate. The latest occupation statistics show the following data: DATA FEHIF OCCUPATION OPEN PLANT FORMENTERA 2014-2017 (months May to October): 72.80%, 72.60%, 77.31%, 76.70%. (between June and September occupation between 85% and 95%) OCCUPATION DATA PLANT OPEN ISLAS PITIUSAS (IBIZA AND FORMENTERA) INE 2014-2017 (months May to October): 72.75%, 73.62%, 80.55%, 78.74% (between June and September, occupation between 80% and 90%). The general situation of the tourist market of Formentera in recent years is very good. Due to its size and limited offer, the market behaves in a stable manner, with an average occupancy rate of 71% for open hotels in the last 14 years. In the last 5 years the average occupation rises to 74%. The years 2016 and 2017 had an excellent result and continuity is expected in 2018 and following years. Establishment is located a few meters from the beach, has a lot of privacy. All the apartments are up to date, so they do not need any kind of renovation. Complex area is approximately 800mq. In addition there are the annexes of facilities that have an area of ​​about 500mq. Establishment, noted for its exceptional location with direct access to the sea.

Interested Investors can contact us for an appointment at our office.
We will be happy to assist you.

Address: Formentera
Area:
State/County:
Zip: 07860
Country: España
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Property Id : 21720
Price: EUR 9.500.000
Property Size: 800,00 m2
Rooms: 14
Bedrooms: 14
Bathrooms: 14
Structure Type: Brick
Floors No: 1
Property: Apartment
Garden: Private
Views: Sea
Orientation: South
Pool: not available
Floors: Polished
State: Renovated
Parking: Private
Touristic licence: yes
Water: Well
Ensuite: 7
Wine cellar
Washer and dryer
Laundry
Concierge
Doorman
Storage
Roof Deck
Internet/wifi
Air conditioning
BBQ
SAT TV
Dishwasher
Fridge
Microwave
Oven
Terrace
Porch
Patio
Blinds

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