Poble Sec is a Barcelona district famous for its special character different from any other area. Poble Sec is located quite close to the city centre.
Blai street as well as Sortidor square are one of the main arteries with a wide choice of restaurants, entertainment options and a wide variety of fashion stores.
The property is situated close to Paralelo avenue and Montjuic mountain, the places visited by many tourists daily since Montjuic is one of the Barcelona’s most important tourist attractions.
It is a two star hostel located in Poble Sec just 200 metres from Las Ramblas and the port of Barcelona.
The total surface is 1,100 m2 with 32 rooms. There is a restaurant and a bar located on the ground floor. The hostel is fully operational with 5.8% of profitability, €750.000 of annual sales and €375.000 of annual profit.
The building is on sale for €6.700.000. Out of 32 rooms 3 are individual, 6 are double, 4 are triple and 19 are quadruple.
The medium price of all the rooms depending on the time of the year is approximately €64 per room which, multiplied by 32 rooms, amounts up to €750.000 of total sales. The expenses constitute about 50% of the income, including that of the staff.
It should be mentioned the restaurant on the ground floor is only used as an addition to the stay (breakfasts, etc.).
This option is ideal for investors or companies interested in this business sector.
The hostel is booked all year long. It is in a perfect state.
There are three more tourist apartments on sale in the building as well as 4 parking places:
1 flat of 125 m2
2 flats of 75 m2
These three flats provide benefits equivalent to those of 7 rooms of the hostel.
If you are interested in these apartments, it is possible to reach a good agreement in terms of their price in case of buying them together with the hostel. They are not sold separately.
Barcelona
Costa Maresme
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Building
2100 m²
2
32
35
