Covering all of Spain and Islands
SPANISH BANK REPOSSESSED HOTELS
Buying a Spanish Bank Repossessed Hotel requires Physical Participation.
The Bank will have the property file on hand at the day of viewing, it is NOT released before this.
We have limited information prior to viewing.
The Bank will only accept an offer from a buyer once a PHYSICAL viewing has been made by THE BUYER
Algorfa - OFFERS INVITED
This asset has a shape of HALF MOON, in which around its central space is a covered patio that houses a heated pool and a garden area. This Hotel has a 3-star category and a total of 34 rooms
spread over 2 floors. Furthermore, this establishment offers cafeteria, restaurant, meeting rooms and parking facilities (outside).
Jerez de La Frontera - OFFERS INVITED
The Palmera Plaza Hotel has a 5-star category and 52 rooms that is currently closed. This emblematic hotel is made up of 3 buildings. In the first is the lobby, a restaurant, a kitchen and offices. The 52 rooms are housed in the second building. The third is the winery that is used as an event room with a capacity of 350 diners. In addition, the hotel has an administrative concession on the parking area.
Puerto de Santa Maria €3,500,000
The Hotel Bodega Real consists of 52 rooms, 47 doubles and 5 singles.
The rooms have the following equipment: bathroom with bath or shower, hairdryer, desk, satellite TV, air conditioning, individually controlled central heating, internet, safe, mini-bar and terrace in some rooms.
The hotel is distributed in basement, ground floor, mezzanine, first floor and roof floor.
San Roque €283,000
Rooms: 14 Bathrooms: 9
Bank Repossessed Hotel, Hotel for sale in San Roque (Cádiz). Arabesque-style hotel located in an old Cadiz mansion from the s. XIX., Known as San Roque Centro or town center, which is located in the Bay of Algeciras.
The building is designed around a typically Andalusian courtyard with a central fountain and a staircase. It should be noted its wooden doors, its painted ceilings and its colored windows, as well as the marble floor and the patio columns. The small town of San Roque offers endless cultural, gastronomic, commercial and leisure possibilities. In addition, it is very well connected with Gibraltar,
Granada City €1,795,500
Building for residential or hotel use located in the center of Granada with an area of 2,348 m² distributed over 5 floors.
On the semi-basement floor are the kitchens, on the ground floor there is an old nightclub, on the first floor is the restaurant, on the second floor there is another restaurant area with 3 rooms and on the third floor there is a lounge- dining room with a terrace overlooking the city. The building is located in the center of the city of Granada, very close to the Alhambra Place.
Albondon - OFFERS INVITED
Building with various uses (Rural Hotel, Restaurant and Wine Museum) that is located in the municipality of Albondón, province of Granada. The hotel is spread over four floors, two below ground and two above ground.
Villa del Prado - OFFERS INVITED
JUST RELEASED - INFO TO FOLLOW
Alpedrete - OFFERS INVITED
The Hotel Sierra Real is a 4-star with 48 rooms that is currently closed. The hotel is distributed over 4 floors above ground level and 1 basement. In the lower part of the building there are two banquet halls, a gym with a sauna, along with different internal units.
Mijas Costa - OFFERS INVITED
Rooms: 24 BathRooms: 24
Mar Menor - Torre Pacheco €3,392,500
Rooms: 92 Bathrooms: 92
Bank Repossessed Hotel Located in Torre Pacheco, Mar Menor.
This is Repossessed and Offered for sale by the Bank.
Mallorca - €1,218,520
The building is made up of a basement, ground floor and three upper floors, the latter being located in the 28 hotel rooms. The basement floor is intended for eleven parking spaces, warehouse and facilities room. Vehicles access this floor by elevator, which is located on the street. The ground floor is intended for a bar, lobby, waiting room, lounge with bar, concierge, luggage storage, general toilets, forklifts. On the first floor, destined for eight rooms and two offices. Each of the rooms has a private bathroom. The second and third floors, intended for a total of ten rooms and one office per floor.
The area is well connected via the A-7 road. It also has the Valencia l'Alcudia metro stop nearby, in addition to having bus stops with regular lines.
Alcúdia is a town located in the north of the island of Mallorca. It is famous for its Mediterranean beaches, such as the bustling beaches of Alcúdia and Muro, in the wide bay of Alcúdia.
Gran Canaria - OFFERS INVITED
The Hotel Avenida de Canarias is located in Vecindario, municipality of Santa Lucía on the island of Gran Canaria, 56 km from Las Palmas. Santa Lucía is a municipality with great commercial activity, favored by the growth of its population. The immediate vicinity of the hotel boasts a wide variety of shops and restaurants.
This 2-star hotel occupies the third floor of the Avenida de Canarias shopping complex, with its reception on the ground floor. The establishment also has a restaurant, recreation area and meeting room. Despite not belonging to the Hotel, in the basements of the property there are 3 parking floors.
Tenerife - OFFERS INVITED
How to Buy
The Steps to Buying a Bank Repossessed Hotel with Touchstone Spain.
1) Arrange a viewing.
Please complete our Viewing Request Form and provide a copy of your passport. We will then arrange a viewing of the Hotel with the Bank.
The Bank require at least 5 working days notice.
The viewings are all ways accompanied by a representative of the Bank and one of our senior members of staff.
Viewings can only be made Monday - Friday 10:00 - 18:00 ( not weekends or public holidays ).
2) Making An Offer.
We sit with you in the Bank office and guide you on what offer to make, in some cases we are able to secure an offer below the asking price. At this stage the bank will require information on how you will wish to purchase the property and will ask for a Mortgage application to be completed or proof of funds if you are paying in cash.
3) Mortgage Application.
We assist you with the application process and again we negotiate the best deal we can for you,
4) The Legal Process.
We introduce you to an independent lawyer who will carry out all checks on the property and ensure all is legal, they also assist you in obtaining, the N.I.E number you are required to have , opening of a Spanish company and opening of a bank account, connection of utilities.
5) Payments & Fees.
You will be required to pay a reservation fee once your offer has been accepted..
The balance of Deposits and Fees will be required by your lawyer before the signing of the title deeds and a full breakdown is supplied.
Unlike "Real Estate" Agents we are not paid commissions by the Property Owner ( Bank ) so our brokerage fees are also due at the day of signing the title deed and collection of the keys.
The Brokerage fees is only payable upon completion of the property.
Properties Priced to €299,999.our fee is €15,000.
For properties priced over €300,000 our fee is 5% of the agreed purchase price.
As you the client are paying our fee we work for you and work in your best interest, helping to secure you the best property at the best price.