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Luxury Hotel for Sale in Sant Antoni de Portmany, Spain

Non-operational 3-star seafront hotel in Ibiza with 86 sea-view rooms and significant repositioning potential.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 3.5 million
Run Rate Sales Nil
EBITDA Margin Nil
Industries Hotels + 1 more
Locations  Sant Antoni de Portmany
Local Time 8:47 AM Europe / Madrid
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 26.7 million (Native Currency: EUR 23,000,000)
Reason: The owners wish to sell the business as they seek retirement. The advisor representing this transac... View More
Includes physical assets worth USD 26.7 million
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Business Overview
• Non-operational 3-star hotel asset in Sant Antoni de Portmany, Ibiza, positioned in a seafront location approximately 50 metres from the beach.

• The property is situated mid-bay opposite the cultural area of Sa Punta des Molí, offering strong leisure visibility and sea-facing positioning.

• The hotel comprises approximately 86 guestrooms, with all rooms offering sea views, spacious layouts, large terraces, extensive glazing, and large bathrooms.

• The property extends across approximately 2,000 sq. m. of land with around 4,500 sq. m. of total built-up area, comprising six floors plus a principal/noble floor and a large basement.

• Guest facilities include a swimming pool and solarium, buffet restaurant, cocktail bar with terrace, and a poolside bar.

• Operational infrastructure includes a lift, service hoist, equipped kitchen with cold storage and refrigeration facilities, industrial laundry, Wi-Fi, and a waterproofed rooftop.

• The hotel has been non-operational for the past couple of months and is available for a new owner to restart and reposition the property.

• The property offers value-add potential through additional amenities such as a spa and parking, subject to applicable approvals and feasibility.

• The combination of seafront positioning, established hotel infrastructure, sea-view guestrooms, and existing guest facilities provides a foundation for restarting and enhancing the hospitality operation.

• Operates with a valid business license. All land documents and building permits are in place.
Products & Services Overview
Hotel accommodation and leisure hospitality services targeting tourists, holidaymakers, families, and leisure travellers visiting Ibiza.
Assets Overview
Tangible assets:
- Land and building worth EUR 22 million.
- Furniture and fixtures worth EUR 1 million.
Intangible assets:
- Brand name.
- Goodwill.
Facilities Overview
The business operates from its owned property in Sant Antoni de Portmany in Ibiza.
Capitalization Overview
- 2 owners.
- No outstanding loans on the business.
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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4 Buyers viewed this Business this week. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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