Ref. 34362 Hotel under construction next to the beach of Santandría, Ciutadella, Menorca Price: 1.278.000 €
Price (before): 1.597.000 €

Viewsm² construidos: 1500m² de solar: 2043
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Description

Building under construction, situated in an emblematic location next to the picturesque beach of Santandría. This property represents an excellent opportunity to develop a distinctive four-star luxury hotel, inspired by the joyful spirit and atmosphere of the 1960s, in a highly sought-after coastal setting.

The project has been designed for a medium-sized four-star hotel, arranged over basement, ground floor, first floor and a mixed-use roof, the latter prepared for the installation of solar panels. The design includes both indoor and outdoor swimming pools, allowing the property to operate successfully throughout the year.

Thanks to its immediate proximity to Santandría beach and the historical association of the site with a well-known restaurant from the 1960s, the project offers strong appeal to both international and domestic clientele, seeking a unique hotel experience in an iconic location.

Price negotiable. A compelling opportunity for investors looking to develop a singular hotel asset in Menorca.

At present, the property is located within an “Unidad de Actuación” (urban development area). Consequently, the Works Licence required to complete the hotel may only be granted once the corresponding Unit of Action has been fully developed, in accordance with current urban planning regulations.
Ciutadella
A city of palaces and the nobility, of old streets full of life and perfumed...
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Area info

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Ciutadella

A city of palaces and the nobility, of old streets full of life and perfumed by Italian refinement. Poets say that it is a jewel of stone that in its day was the capital of Menorca but which maintains its commercial prestige because it possesses the cathedral and its stately façades. The Sant Joan festivals in June turn the town wild and fill it with joy, with horses that trot with agility through its narrow streets. Its cosy harbour dances in the summer nights to the rhythm of the boats and restaurants, and is really exceptionally beautiful. 

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Menorca

Those who visit Menorca have stated that it is one of the paradises of the western Mediterranean, an island that history has always been an object of desire because of its strategic position and which now has ended up becoming one of the most attractive tourist destinations. However, it is not only a dream spot for holidays, but also for living. Menorca allows you to experience for yourself the quality of life that you had always imagined, through the combination of small details that make up its landscape, people, tranquillity, light, traditions and fine food.

Geographically, Menorca is the easternmost and northernmost island of the Balearic Islands, declared a Biosphere Reserve in 1993 by UNESCO. It has a coastline  of 701 km² and 216 kilometres of, along which are distributed more than 70 beaches. Blessed with a typically Mediterranean climate with annual average temperatures of 16.5 degrees, it currently has a population of 96,000, concentrated into eight districts: Maó (administrative capital of the island), Ciutadella (the old capital), Alaior, Ferreries, Es Mercadal, Es Castell, Sant Lluís and Es Migjorn Gran. There are three other towns, Sant Climent, Llucmaçanes and Fornells, the first two in the district of Maó and the other in Es Mercadal. Maó, located in the east, and Ciutadella, in the west, are the two most inhabited towns on the island.

Socio-economically, unlike the other islands of the Balearic archipelago, Menorca has, over time, had the good fortune to be able maintain a perfect balance between the  traditional industries of footwear, costume jewellery and agriculture favouring the gentle development of the tourist sector and thus enabling the island to preserve its countryside and beaches. This environmental sensitivity still exists among all its inhabitants,  guaranteeing a unique setting, perfect for family, sports and cultural tourism.

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Price: 1.278.000 €
Price (before): 1.597.000 €

General conditions

The information provided has been supplied by third parties for informational purposes only and is deemed to be correct. However, it may be subject to errors, price changes, and withdrawal from the market without prior notice.

*The stated prices do not include applicable VAT or Property Transfer Tax (ITP), nor notary and land registry fees.

**In the case of new developments, the applicable taxes will be 10% VAT + 1.5% Stamp Duty (AJD), in addition to notary and land registry fees.

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