Camping & Caravan Park

Price:

Freehold - €175,000

Seller Ref:

SP6031F

Location:

Costa Blanca and Valencia, Murcia, Abanilla

Business Type:

Hotels

See Other:

Caravan parks for sale in Costa Blanca and Valencia
Hotels for sale in Costa Blanca and Valencia

Description:

THE BUSINESS:

PRICE €175,000 FREEHOLD REDUCED Great investment opportunity in acquiring this country mobile home and caravan site with social club and swimming pool. The current owner is not in a position to see the project to its conclusion but the vast majority of the works have been carried out. With the mobile homes occupying a generous 20m x 10m plot, the potential income is in the order of €216000 per annum in rent plus any income from running the bar etc. The mobile home park is situated in beautiful countryside amongst the vineyards, almond groves and olive trees with views over mountains. Alicante and San Javier airports are around 30-40 minutes drive away and the new airport in Corvera will be even closer. Phase 1 of the project including provision of water, electricity, waste and satellite TV has been completed and already there are 6 mobile homes on the plot. An additional 30 plots are ready on this phase and the potential income and returns are great. The Social Club building has been completed along with the two swimming pools and terracing. It could be opened with the additional investment in the kitchen and some terrace furniture. As a long term investment the return on capital could around two years with future retuns in excess of 50%.