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Wanna Buy a cheap Hotel
Jul 30, 2008 · Santi · 35 replies · 23072 views
Read-only legacy forum thread. Sign-in, registration, and replies are retired.
The Mijas council are trying to sell off a luxury hotel.
Nobody turned up to the auction of the hotel which had a reserve of 15.1 Million Euro`s, which is believed to be half its true value.
The hotel was originally owned by Aifos who were involved in the Malaya corruption case and owe Mijas Council 1.2 Million in unpaid taxes.
Since nobody turned up to the Auction, the council is now desperate to sell off the place.
If you got some cash get your offer in within 6 months
Full info here.
http://www.typicallyspanish.com/news/publish/article_17632.shtml
Jul 30, 2008 · rubi995
Hey Santi, which hotel is it? Not the new Riu, right?
Jul 30, 2008 · Santi
Hotel Byblos Andaluz.
Thats a name to put you off.
Jul 30, 2008 · jurdyr
> Hotel Byblos Andaluz.
Thats a name to put you off.
think we should raise the momey here and buy it to help out the loacl town hall but name change , i add 1,000 euros to the pot
jurdy
Jul 31, 2008 · Santi
> i add 1,000 euros to the pot
jurdy
Be funny if they accepted your solo bid. :lol:
Jul 31, 2008 · Expatriator
I'll put up 1000? here too. Anyone else?
Jul 31, 2008 · rubi995
But is the hotel legal now? could you exploit it?
Jul 31, 2008 · Santi
> But is the hotel legal now? could you exploit it?
Don`t be silly, legalities are just pieces of paper.
The council just wants it`s 1.5 Million in Taxes.
Mind you it wouldn`t be unusual for an owner to purchase the place, pay the council and then get evicted by said council on planning issues.
Whats the saying "A human is the only creature on the planet to trip over the same obstruction twice".
Well in Spain "A Spaniard is the only creature on the planet to trip over the same obstruction, that they provided, twice".
Before I`m condemed as anti Spanish, it was a Spanish friend who told me that quote.
Jul 31, 2008 · jurdyr
The Mijas council are trying to sell off a luxury hotel. hotel legal now? think so if there selling it so we got 2,000euros in the pot
any more what to get in to this , god we could have the name to Spainexpathotel The luxury hotel with Internet pools Gradens views and so on
ha dont kick this , it could be a winnner he , i see thinks happen befor
Jul 31, 2008 · Expatriator
Let's hope we are still immune to tripping over our own obstructions twice.
Jurdy: I got another 1000? pledged from a friend here. We're all over it - spainexpathotel... I should go reserve the domain right now.
Jul 31, 2008 · Santi
I`ll come in at 1500.99 Euro`s and with a clause that I get the sun lounger nearest the bar when I`m visiting.
Aug 1, 2008 · Dreamer
I'll pledge 1,000 euros. I've always wanted to run a hotel. :)
Aug 1, 2008 · jurdyr
well now the momey coming in , would you real put up the momey and try to bid , god we get some news think off the papers tv radio and internet good we get some best coverage he for the hotel and site
jurdy
o i put my bid to 5,000 euros for the pot
Aug 1, 2008 · Expatriator
Great, so we're at 8k. Only 14,992 more investors with 1000? and we can really do this.
Anyone care to put up 100k?
Aug 1, 2008 · jurdyr
I got another 4,000? pledged from a friends here , mates off my in Ireland . we have to set up a plc company and listed on the stock egchange
Name Address and telphone Nunbers are avable available , ha think we could do some thing here , would some one get in touch with Mijas council and fine out whats happen
The Expatriator if i win the euro lotto to night i put up the 100k , that if i win .....
Aug 1, 2008 · jurdyr
sorry up that to again to one more 1,000 euros from mate in Sewden , just got the call , now waitting on borther to get back to me now hes the accountants and was telling him about this and he say year ago some like this happen but was a pub in Ireland , this comapny now owns 22 bar in dublin area , Ireland with turn over off 22 million euros profit last year , this happen over a chat in pub in the late 80s
Again he say some off the mad idea have come form chats and made good cash ha will i going to up my to 25,000 euros lads
real here now that 27,000 euros in the pot from me
so we got 35,000 now
Aug 1, 2008 · Expatriator
Okay, I can put up a total of 5k, so we're at 39000? then, right?
Aug 1, 2008 · Santi
Only fear I have is that with around 10,000 Business partners were gonna have one hell of a business meeting, make running the EU look like childs play.
Will we have room for guest`s.
Maybe time to up the bid to 300,000.97 from me. :coolmad:
Aug 1, 2008 · ROBI
Yeah we need to rent a hotel to hold the board meeting.
Sorry to pee on the party boys (I note the women are not joining in ) but with the way the economy is going (seen the GM results today?) where will we find any guests with money to pay us?
Aug 1, 2008 · Expatriator
I was thinking about that actually. I'd probably build a virtual event interface for general meetings. We could get real democratic about it...
Anyone here have actual hotel/hospitality experience?
So with Santi's investment, we're up to 339,000.97?, right?
Aug 1, 2008 · Expatriator
> Yeah we need to rent a hotel to hold the board meeting.
Sorry to pee on the party boys (I note the women are not joining in ) but with the way the economy is going (seen the GM results today?) where will we find any guests with money to pay us?
"Build it and they will come..."
Seriously, with the talent behind SpainExpat.com and 10,000 owners worth of viral and word of mouth advertising we're sure to be Mijas' #1 hotel destination.
How many tourists does Mijas get every year?
Aug 1, 2008 · jurdyr
need to chat so see how we going to get all this momey , we run a share holding company with voteing rights , have a Board of Directors. we need to know how many people are going to come in here to buy in two a company (to name later )
any one know how this going to happen are its going to like Eu , Santi you say it and right you are
if i know this was going to be real , think i would bid lot more . i put pen to paper and do it right
jurdy
Aug 1, 2008 · Expatriator
And as I understand, Dreamer is holding up the women's contingent so far. :)
Aug 1, 2008 · jurdyr
We need new page where people can registered there intent to buy in , think off it you need to have people give 10,000 eurs eack are more to make this work
if i know this was going to be real , think i would bid lot more . i put pen to paper and do it right up my bid to 50,000 euros came have Bank to draw up the paper work , i am not missing around here 50k on the table there lads with bank oking it , just lock you momey away for few weeks until we would need it ,
jurdy
Aug 2, 2008 · Dreamer
Speaking of the women's contingent, my sister and a friend have pledged a total of 3,000 euros. My stepfather also owns a small hotel in Oregon. I'll talk to him about this.
If by some divine miracle we did manage to pull this off, we'd get some free publicity. Think about the headline: ANGLO EXPAT FORUM GROUP MAKES OFF WITH SPANISH LUXURY HOTEL. Or something fun like that.
We could also hold unique workshops, themed events, and conferences. There are many special niches that could be tapped into. I can think of a few off the top of my head.
In any case, unless someone more tech savvy would prefer to take the lead on this, I can set up a simple webpage and people can e-mail me or post here on the forum with additions. What information would we need on there for now? Real name and pledge amount? Anything else?
Aug 2, 2008 · jurdyr
Spain EXPAT FORUM GROUP MAKES bid on LUXURY SPANISH HOTEL , think that more funny and again free publicity we would just get on that .....world wide
jurdy
Aug 2, 2008 · Santi
> where will we find any guests with money to pay us?
Two words
China.
Decor.
We need to establish a more classy decor for the place, in barbies world, soft pink mixed with fake Arabic style arches may be greeted with a wow, in the real world of 5 star classic rich peeps, definatly wrong.
We need to attract self made wealth by intelligent classy peeps, not lottery winners and car dealers.
See for yourselves.
http://www.granhotelguadalpin.com/es/byblos/habitaciones/galeria/images.cfm?gallery=salones#menu
I like the pool although the bar near the pool also needs re thinking, the colour will class with my skin tone and beach towels.
What also concerns me is the reviews from holiday makers, this hotel is advertised as a 5 Star, most reviews are good but state this place is not anywhere near 5 Star.
http://www.tripadvisor.com/Hotel_Review-g580271-d232722-Reviews-Gran_Hotel_Guadalpin_Byblos-Mijas_Costa_del_Sol_Andalusia.html#REVIEWS
Now we got some bargaining to do, although this hotel is sold as 5 star, it clearly isn`t, the decor as previously mentioned is typical middle class flash, but if we could negiotiate a cheap 3 star deal and invest in refurb too 5 star, we could have a goldmine.
So any odd job and builders here that want a slice of the action, you do the work for a percentage, make yourselves know to our Finance Director via PM.
Thay`ll probably be Jurdyr.
Aug 2, 2008 · jurdyr
top end off the maket is hard to run , i go for 4 star , like any think few had say itwas 3 star hotel so some upgrading need to be done , could negiotiate a cheap 3 star deal , and marketing it , done we know how to do that here , there few heads here that know how to do that
jurdy
Aug 2, 2008 · Santi
> top end off the maket is hard to run , i go for 4 star ,
Southern Spain needs a real 5 star hotel.
I`d even take on the Kempinski in Estepona, which is one of 2 6 star hotels in Spain.
http://www.luxuryexplorer.com/hotels/esteponaresort/en/picture_lib/list.htm
Just look at the pool bar, I want that bar in our hotel
http://www.luxuryexplorer.com/hotels/esteponaresort/en/bars/index.htm?item_id=3513
Most would agree that the Spanish star system is always one star below the rest of the world, as is most things in Spain.
Anyway, location is key, its in La Cala de Mijas, its an area full of 3-4 star places, its near Fuengirola, Benalmadena and Torremolinos, so no competition there. :)
Views are good, golf course included in the sale, great Health Spa.
We need chauffeur limo services for guests to get around, location a bit away from anything.If we installed a Heli pad, maybe get rid of the golf course and build private villas with there own staff, that`d be great.
Marbella and Puerto Banus hasn`t been top end for a decade, although expensive Villa`s, most Hotels are 4 star.
The biggest hurdle is getting the stereo typical image of Gold Rolex, loud Hawaiian shirt wearers away and into your subtle high end style conscious money spending peeps.
I`ve seen in Puerto Banus a new Rolls Phantom, in gold with the number plate "Richy" and a huge fat old minger driving, he`s not on the list, don`t care how much he`s worth.
Aug 2, 2008 · jurdyr
Marbella and Puerto Banus ya right you been there ? full off over priced pubs , Restaurant , hotels , scamers , Pr heads that get in you face , hookers , was in Puerto Banus in 2003 it was sept 12 , meet mate from ireland and went on a pub call , (what is that you ask ,well i pay drinks left hand side off the street and pay on the right side off the street ) back then drink was 4 euros a beer large glass OVER PRICED but we hit a bar A very popular bar with music and dancers (not usdoing the danceing but girls we say , the drinks end up to be coke and jack for 2 off usd his round and was 45.00 euros (come on rip off spain ) think was the piano bar .... some to do with place across the road with hookers upstairs lol
there many be 4 star hotels but with 3star in my veiw ..... only good think there is El Corte Ingles and there bite over priced aswell lol
not very rich person waer the rich gear ...... stereo typical image of Gold Rolex, loud Hawaiian shirt wearers away and into your subtle high end style conscious money spending peeps. ,
so how much is in the pot of gold then ?
Aug 2, 2008 · Santi
> Marbella and Puerto Banus ya right you been there ?
Not since Wednesday.
Aug 3, 2008 · mike48t
OK I got together and we pledge another 4000?, ( Codicil, no germans with towels), has this unit been sold yet?/
Aug 3, 2008 · jurdyr
If you got some cash get your offer in within 6 months
right all here pm me with you bids please so i get whats in the pot right for this hotel
Every one bid is public to see , so will postting them
we need to drum up more cash
my bid with mates is now standing at 75,000 euros
Sep 24, 2008 · Expatriator
So what are we at Jurdy? Is there any chance of this happening? Does anyone know if we really need only pay up the council tax to take over the hotel (at least initially)?
Oct 2, 2008 · jurdyr
are cheap hotel so we going ahead with this project then . i be on to the council and waitting an email with full info pack and that want s com on board will get the pack email out to them
jurdy