18 bedrooms apartment for sale in Navarre, Spain

• General
• Year of construction: 1982
• 18 bedrooms
• Areas
• Built: 1,033 m²
• Useful: 942 m²
• Equipment
• Furnished
• Individual Hot Water

This property is located in the municipality of Olazti-Olazagutía, which belongs to the region of La Barranca, in the valley of Burunda and 53 km from the capital of the community, Pamplona. With a population of 1485 inhabitants in 2021, it is surrounded by an unparalleled natural environment next to the Urbasa mountain range. The building is highly visible from the Pamplona-Vitoria highway and presents a great business opportunity to create a rest and hospitality accommodation for travelers and truck drivers. The construction measures 1032.51 square meters, of which 941.99 are usable, on a plot of 1675.37 square meters. The hotel consists of 2 buildings, one main building with 3 floors and an annex building with different rooms and a laundry room. The main building is distributed as follows: Ground floor: - Reception. - Bar cafeteria. - Fully equipped industrial kitchen. - Dining room for 28 people. - Main office. - Private office. - Cellar. - Warehouse. - 3 single rooms. First floor: - 5 double rooms. - Access to terrace and laundry room in the annex building. Second floor: - 5 double rooms. Third floor: - 5 double rooms. The hotel has a total of 18 2-star category rooms and also has private parking for over 20 vehicles. The owners are looking to facilitate the continuity of the business and are open to studying different purchase options. Additionally, the property has a recent official appraisal of 760,000EUR, which will facilitate multiple financing options. If you are interested, do not hesitate to request a visit without commitment because it will surprise you. The data presented, including surfaces, are purely indicative. Furniture, fixtures, decorative objects, and vehicles are not included in the price. The advertised price does not include taxes or notary and registry fees. As for the physical condition of the property, it will be delivered in its current state at the time of the visit for you to verify the functioning of the property. Overall, the property offers a great opportunity for those interested in investing in the hospitality industry in a beautiful natural setting. The price of 450,000€ for this property presents a significant value considering its recent appraisal of 760,000€. This property has the potential to generate a good return on investment and establish a successful business in the tourism sector.