Development Opportunity to Make The Ultimate Country Club in Mallorca

By Dev Anand | 5 September 2019

Location: Close to Palma de Mallorca, Soller & Valldemosa, Spain

Name: Country Club Bunyola (could be changed)

No. of Keys: 11 

The Property: The current property is in a solid constructive state, and is used as a private residence. The Property owner has approval for development of a Hotel project, architectural licences need to be acquired.

The Owner has selected Inmobiliaria Brossa (Real Estate) & Mocinno International (Hotel Consulting) as development partners, who will remain involved should the prospective buyer so wish.

Bunyola is a municipality of the island of Mallorca, Spain, located in the spurs of the Serra de Tramuntana, at a distance of 9 miles from Palma.

Besides the 11 luxury rooms, the plans allow for a restaurant, bar, library with courtyard seating – 1,200 sq. mtrs. A wellness centre with spa, gym and a 25m infinity pool. In addition a 50,000 sq. mtr. garden and pool area, with 200 day-beds.

The property currently has a vineyard (more details to follow)

The development could be open by 2021…No commitments currently to builders and architects, or hotel operator (several have expressed interest)

The current plan is to open the Club for 148 days over 5 months (May to October), but the new owner can change this.

The ethos/concept of the current owner is that the hotels and hotel-clubs in Palma de Mallorca and the South Coast are over-crowded, no parking, no privacy and loud…The Country Club Bunyola will be the original haven of peace….more privacy, more space, more authentic Mallorca…more than just a bed at the beach.

Main Photo: The entrance of the property as is currently

Tenure: Freehold

Brand/Management: Flag and management free

Current Owner: Private company from Germany

Financials: Business Plan, with photo images of the development, available after submission of NDA and LOI

Guide Price: The cost of the property to include renovation & development is €5.5m (for 70%), with the current property owner wishing to retain 30% equity.

Or an outright purchase of just the property can be made for €4.5m today, which includes feasibility study, drawings and concept proposal.

Agent: Mocinno International (Hotel Consulting) in partnership with The Hotel Property Team

Date Posted: September 2019

THPT Comment: Great opportunity to develop a country club with rooms, with a difference, in this tourist-area of Spain, Bunyola, Marbella, but also appealing to local residents.

Contact us for further information

This is a new feature on the THPT site…. Hotel & Serviced Apartment owners can be naturally reticent in publicising their property is for sale…for confidentiality reasons, for staff and current client reasons, so the properties featured in this section will either be “generic” or “name specific”

Each fortnight we mail the opportunities posted that week, but check-out the tab “Hotels Available” and call us for details of “Under the Table” – deals not posted on the site at all

The Hotel Property Team (THPT) is a small group of highly experienced business professionals. Between us, we provide a range of skills and experience which is directly relevant to those involved in the hotel property market.

For more information – Visit www.thpt.co.uk or email [email protected].

MISREPRESENTATION ACT 1967. This information is provided as a general guide and is not intended to be constructed as a statement of fact upon which interested parties can rely. All interested parties should make their enquiries by inspection or otherwise. Neither The Hotel Property Team (trading name of Impetus Marketing 2006 Ltd) nor any person in our employment has the authority to make, give or imply any representation or warranty whatsoever relating to the premises referred to in these particulars. These details do not constitute any offer, contract or any part thereof and all negotiations relating to the premises should be conducted through THPT.

Posted in Available, HA Europe, Hotels Available and tagged