Guide price
£1,104,747
Hotel for sale2, Ciutadella
About this property
Build area 1500 sqm
Plot of 2043 sqm
Building under construction, situated in an emblematic location next to the picturesque beach of Santandría. This property represents an excellent opportunity to develop a distinctive four-star luxury hotel, inspired by the joyful spirit and atmosphere of the 1960s, in a highly sought-after coastal setting.
The project has been designed for a medium-sized four-star hotel, arranged over basement, ground floor, first floor and a mixed-use roof, the latter prepared for the installation of solar panels. The design includes both indoor and outdoor swimming pools, allowing the property to operate successfully throughout the year.
Thanks to its immediate proximity to Santandría beach and the historical association of the site with a well-known restaurant from the 1960s, the project offers strong appeal to both international and domestic clientele, seeking a unique hotel experience in an iconic location.
Price negotiable. A compelling opportunity for investors looking to develop a singular hotel asset in Menorca.
At present, the property is located within an “Unidad de Actuación” (urban development area). Consequently, the Works Licence required to complete the hotel may only be granted once the corresponding Unit of Action has been fully developed, in accordance with current urban planning regulations.
The project has been designed for a medium-sized four-star hotel, arranged over basement, ground floor, first floor and a mixed-use roof, the latter prepared for the installation of solar panels. The design includes both indoor and outdoor swimming pools, allowing the property to operate successfully throughout the year.
Thanks to its immediate proximity to Santandría beach and the historical association of the site with a well-known restaurant from the 1960s, the project offers strong appeal to both international and domestic clientele, seeking a unique hotel experience in an iconic location.
Price negotiable. A compelling opportunity for investors looking to develop a singular hotel asset in Menorca.
At present, the property is located within an “Unidad de Actuación” (urban development area). Consequently, the Works Licence required to complete the hotel may only be granted once the corresponding Unit of Action has been fully developed, in accordance with current urban planning regulations.
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