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Hotel for sale Costa del Sol
Why NOW is the time to buy a Costa del Sol hotel
Hotels for Sale on the Costa del Sol – Make your move
It may seem bizarre, when the travel industry is being hit hard by the Covid-19 pandemic, to suggest that now is the time to purchase a hotel for sale on the Costa del Sol. However, the low market value which has naturally resulted from the crisis means that cyclical stock such as hotels are waiting to be snapped up.
The real estate market will present great hotels for sale, so buying one in a popular tourist area like Málaga could be an amazing investment opportunity. And if you don’t want a hotel, how about a pension or a B&B?
Why the Costa del Sol?
Spain is second only to France as the world’s largest tourism destination, welcoming 80 million foreign visitors during a usual year. The Costa del Sol, which is everything to the east and west of the capital city Málaga, in particular, has much to offer. It is a perennial favourite with holidaymakers from the north of Europe who flock to its sun-drenched shores.
There are plenty “hotel for sale” offers on the Costa del Sol which ensure a wide choice of properties and also lower the already low prices. You can find gems like this B&B in Marbella or this hotel for Sale in Ojén.
With Malaga now labelled as ‘the new Barcelona’ thanks to its amazing array of art galleries and museums, and stylish favourites such as Puerto Banus and Marbella, more and more people are heading for the south of Spain.
In fact, in 2019 Malaga topped the Spanish hotel occupancy ranking with an increase of 8.6% on RevPAR (Revenue Per Available Room) from the previous year. With promising figures for this location, foreclosed hotels for sale are a fantastic investment opportunity.
Recent News from Travel Agents
The Covid-19 pandemic may have affected people’s ability to travel but it has certainly not dampened their desire to travel. In the UK, travel agents reported a surge in holiday enquiries following news that Spain is reopening for tourism. All of which is good news for those considering investing in a hotel.
What is Cyclical Stock?
Cyclical stock is stock that follows the peaks and troughs of the economy and is usually the type of goods or service that consumers buy more of when times are good and less of when there’s a recession.
Cyclical stock usually comes in the form of cars, property and travel. When the economy is good, people have the means to travel, buy new cars, refurbish or move homes and shop. When there’s a downturn in the economy, these expenses are often the first things consumers cut. However, their strength during economic high points means they are expected to produce higher returns.
Hotels for Sale, Costa del Sol
What that means, of course, is the value of cyclical stocks such as Costa del Sol hotels, drops during an economic downturn, making it a good time to buy low.
Hotels also have the scope to move beyond tourism. Providing an important service for the community they provide venues for both social and business events. MICE (meetings, incentives conferences and exhibitions) provides an alternative income stream for hotels during the quieter off-season.
MK Estates has an array of foreclosed and distressed hotels for sale on the Costa del Sol, ranging from rural inland retreats to boutique hotels in Marbella and golf course fronted spa hotels.
Take a look at this rural and quiet hotel for sale on the Costa del Sol: B&B in Marbella
If you are looking for a bigger inversion, take a look at this hotel for sale in Ojén, Costa del Sol.
Ready?
