The building is located in El Pilar de La Mola, one of the most attractive areas of Formentera, thanks to its authentic atmosphere and the constant flow of visitors throughout the year. Its location provides excellent visibility and easy, direct access from the main road, making it a very attractive opportunity to develop or revitalize a tourism and restaurant business.

The ground floor houses a spacious 429.19 m² restaurant, designed to accommodate a large number of diners and adapt to different service styles. The hostel is located on the upper floor, with a surface area of ​​108.33 m², distributed into six double rooms, all equipped with a private bathroom and terrace, offering comfortable and functional accommodation for guests. The property also includes a separate storage room or garage of 29.62 m².

The property has a Holiday Rental License and a Certificate of Occupancy as a hostel. Previously operating as a hostel, it represents an excellent opportunity to resume its activity or develop a new tourism project taking advantage of the existing permits.

The property sits on a 798.39 m² plot classified as Urban Land EP-EPL. Urban planning regulations allow a maximum occupancy of 50% and a buildable area of ​​up to 798.39 m². Currently, the constructed area is 512.50 m², offering possibilities for expansion in accordance with current regulations. The maximum permitted height is ground floor plus one additional floor, with a limit of 7 meters, maintaining minimum setbacks of 3 meters from property lines and 5 meters from the facade.

We would be delighted to schedule an appointment to view the property.

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