Escrapalia has taken out public auction of a lot of ten commercial premises located in Marbellaintegrated into the Hotel Guadalpin building, on Avenida Prince Alfonso de Hohenlohe Boulevard. The assets leave with a price of 4.8 million euros, 30% less than the market value, located around seven million euros.
Real estate assets have a total area of 4,373 square meters built: from 120 to 1,145 square meters built per premises. Currently, they are without activity or occupation.
In addition to commercial premisesin the complex, built in 2002, luxury tourist apartments are operated by an operator, they have indicated from the auction company in a statement.
Of the ten premises, eight of them are located on the ground floor of the tourist complex, intended for customer service areas: reception, lobby, cafeteria, gastronomic areas, garden terrace, summer pool and shopping arcade. The other two assets are located on the second floor.
The environment where the property is located is fully urban and consolidated, on Marbella’s Golden Mile, a 15-minute walk from the center of Puerto Banús. Offers direct access to the beach. It is characterized by intensive development and integrated multi-family housing buildings within open blocks, large avenues and green spaces. It is currently fully consolidated, with an average occupancy level and renovation level, and fully developed infrastructures.
The Online auction will be open until March 1, at 12:30. Aimed especially at investors, although both individuals and companies can participate, after free registration on the auction portal. This format means facilitating access to this type of property, thanks to the technologies created for the real estate sector. The specifications of the sale can be found at https://inmuebles.escrapalia.com/es/lote/locales-comerciales
The batch of ten premises that is going up for auction comes from the liquidation of the company Aifos, Arquitectura y Promociones Inmobiliarias, SA, which is in competition by ordinary procedure before the Commercial Court number 1 of Malaga.