Iconic Boutique Hotel For Sale On The Island Of La Palma

Discover this property with La Boutique · Canary Real Estate—it will open the doors to this iconic hotel located on the island of La Palma.

A hotel is for sale on the island of La Palma, in a prime, central, and quiet location. The property consists of an old section featuring teak wood elements and traditional hipped roofs, dating back some 300 years (approximately 350 m²), and a building constructed in 2006 (approximately 450 m²), spread across 4 floors. It is in perfect condition and has been well-maintained; the owner continues to improve the facilities on an ongoing basis. The interior features a modern style with all the amenities and plenty of charm. The hotel has very high ratings on online platforms and enjoys a significant number of repeat customers.
The building has a total of 13 guest units. All are equipped with private bathrooms, satellite TV, and air conditioning; some have balconies and ocean views. Outdoor areas include a reception-lobby-dining area and a patio-terrace. Staff have access to a kitchen, a laundry room, and a workshop.
The hotel is located in a quiet residential area with excellent transportation links. This makes it easy and quick to reach the island’s attractions, beaches, hiking trails, shops, and restaurants.
The operating results make this a sound investment or a property that can be managed very profitably on one’s own.

Expenses and taxes are not included in the price. The purchase involves taxes and closing costs. Estimated: For a resale property, the buyer will pay the 6.5% Property Transfer Tax (ITP) (depending on personal circumstances), based on the taxable value: the higher of the sale price, the appraisal value, or the cadastral reference value. Notary and registration fees approx. 0.3%–0.8% (fees vary depending on price, number of copies, and complexity). If a mortgage is required: appraisal and bank fees are the buyer’s responsibility. The agency acts as an intermediary. The sale and its terms are subject to the seller’s acceptance. Real estate brokerage fees are the seller’s responsibility. Listing subject to errors, price changes, omissions, and/or removal from the market without prior notice.

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