N-340, KM. 329, 5, 18000 MOTRIL, GRANADA, SPAIN

Palace Hotel for Sale in N-340, Km. 329, 5, 18000 Motril, Granada, Spain USD 5,070,769

Bedrooms9
Bathrooms10
Total rooms12
Living area, m²670
Floors3
Garden, m²20000
Local Price4300000 €

Executive Overview
This opportunity comprises a rare historic luxury estate located in one of Southern Europe’s most climatically privileged coastal regions: the Costa Tropical of Granada. The property, a 19th-century Italian-style palatial villa, is officially listed as Civil Heritage of the City of Motril, combining architectural prestige, scale, privacy, and strong repositioning potential.

Set on an elevated private hilltop, the estate offers panoramic Mediterranean Sea views, overlooking the Motril valley and Salobreña, within a consolidated 20,000 m² private domain of mature gardens and tropical orchards.

The asset is suitable for high-end private residential use or conversion into a boutique hospitality or experiential tourism concept, subject to local regulations.

 
Key Investment Attributes
Scarcity Value: One of the very few large historic estates available on the Costa Tropical

Heritage Status: Civil heritage listing enhances prestige and long-term value protection

Scale & Privacy: 20,000 m² of private land in an elevated, secluded position

Climate Advantage: One of Europe’s most stable year-round microclimates

Strong Architectural Identity: Italian palatial style with period character

Flexible Use Case: Private estate, boutique hotel, cultural retreat, or events-led concept

International Accessibility: Proximity to Málaga Airport, Granada, and main coastal infrastructure.

 
Asset Description
The main residence extends to approximately 670 m² built area, featuring 8 bedrooms and 7 bathrooms, generous reception rooms, terraces, and indoor-outdoor living areas. The property retains its historical character while offering volumes suitable for luxury repositioning.

The grounds include landscaped gardens, terraces, swimming pool areas, and productive tropical orchards (avocado, mango, banana, guava), reinforcing both lifestyle appeal and sustainability credentials.

BasementFinished
Parking spaces100
Energy efficiency classEnergy efficiency certificate in process
Building notesThe property has a building permit, approved in 2006, for the development of a 70-room boutique hotel with a restaurant, event pavilion, and enhanced services. It currently operates as a licensed rural guesthouse and a successful event venue, generating substantial income through weddings, concerts, fashion shows, charity galas, private parties, and commercial photo shoots. Twenty thousand square meters of botanical gardens surround the main house, featuring centuries-old trees and tropical fruit orchards, making this estate one of the most outstanding on Spain's southern coast. In 2006, Telva magazine included it among the ten most romantic wedding venues in Spain, and in 2008, Condé Nast Traveller selected it as one of the five best guesthouses in Europe. The main manor house covers 660 square meters, spread over several levels, and has eight bedrooms, each with its own bathroom. The Eugenia Suite and the Habana Junior Suite are the most luxurious accommodations, while six double rooms, named after plants in the garden (Magnolia, Spearmint, Eucalyptus, Ibiscus, and Bougainvillea), offer garden views and their own distinct character. The common areas include a library with a fireplace, a formal dining room with a fireplace, and a living room, all furnished with family heirlooms that create an intimate atmosphere, far removed from the impersonal feel of a typical hotel. The 220-square-meter terrace serves as an al fresco dining area, where guests can enjoy breakfast amidst the tropical gardens. The property retains original architectural details, such as marble staircases and period features that reflect its Italian influence. Two botanical gardens frame the house: an 18th-century garden, inspired by the Generalife in Granada, and a romantic 19th-century winter garden. A 40-step marble staircase connects both levels and culminates in two coral grottos. The grounds are home to araucarias, magnolias, cypresses, a cedar of Lebanon, and various palm trees, including kentias, Washingtonia palms, date palms, and butia capitata. Seven fountains, some over 200 years old, grace the pathways. A rosebush adds seasonal color. The orchards produce avocados, mangoes, persimmons, guavas, bananas, cherimoyas, and oranges. A 13th-century Moorish watchtower and wall are preserved on the estate, along with two Moorish aqueducts that once supplied the property with water. The estate hosts numerous events throughout the year: concerts, weddings, fashion shows, charity galas, and both public and private celebrations. Film crews and fashion brands regularly choose this location for their productions, while gardening societies and cruise ship passengers visiting Motril include it in their itineraries. The approved expansion plans include a 1,500 m² events building, a 1,800 m² main accommodation block with 50 rooms spread over two floors, a 500 m² secondary building with 10 suites, and a 200 m² restaurant with sea views. Parking for 100 vehicles is already available. Solar panels provide sustainable energy.
Air conditioning Balcony Fireplace Panoramic View Quiet Location
Jacuzzi Secured Parking Swimming Pool

Motril is a town and municipality of Spain belonging to the province of Granada, in the autonomous community of Andalusia. (Wikipedia)

INVESTMENT SNAPSHOT

PRICE / M²

$7,568

Verdict: partial

Test this investment Spain financing profile ✎ Edit

The seller has not shared rental figures. For a home like this one, long-term rents around here work out to roughly USD 85,630 / month (about USD 23.3 / m²; based on Spain (country average — no local data for Motril)) — enter your own expected rent to see the numbers.

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Estimates only — not financial advice. Prefilled with typical spain financing profile figures — adjust to your own scenario.

Price context

This listing: $7,568/m² — 57% above the median of $4,808/m² across our 18 listings in this area.

$18$20,962

Reading a price above the area level: a premium per m² is typically carried by location and quality factors — waterfront or views, walkable transport, plot size, recent renovation, and scarcity of the property type. Worth verifying on viewing: condition and renovation year, outdoor space, and how the view compares to similarly priced alternatives.

No map data found nearby for: public transport, water proximity, schools, daily amenities, parks & recreation — worth asking the agent about these.

Positioning within our own current listings in the same area — asking prices per m², not an appraisal or market valuation. Size mix, condition, and plot differ between properties.

Investment factors

What to look for when judging a property’s investment potential:

  • Public transport
    Walkable rail or bus access consistently supports resale value and rentability.
  • Water proximity
    Lake, river, or sea frontage and water views command lasting price premiums in most markets.
  • Schools
    Nearby schools widen the tenant and buyer pool to families and stabilise long-term demand.
  • Daily amenities
    Groceries within walking distance is a top liveability filter for both tenants and buyers.
  • Parks & recreation
    Green space nearby improves quality of life and supports value in dense areas.

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