For Sale

Hotel La Escondida, Penaguila, Spain

Property Summary

An exclusive opportunity to purchase a delightful boutique hotel situated in the picturesque and peaceful mountain region of Penáguila, enjoying 360° spectacular panoramic views.

Full Details

Escondida translates directly as The Hideaway.

Where a circle of sweeping mountains keeps the mayhem away, where the landscape is only broken by olive groves, breath-taking forests and occasional glimpses of whitewashed villages dotted haphazardly around 360 degrees of unbroken natural beauty.

An exclusive opportunity to purchase a delightful 12 bedroom boutique hotel situated in the picturesque and peaceful mountain region of Penáguila, enjoying 360° spectacular panoramic views.

Originally built in 1890 as a hunting lodge, La Escondida is set in 210 acres of land and has additional outbuildings including Torre Sena which is a castellated part developed building, an owners two bedroom villa, a large agricultural building and three derelict farmhouses, all ideal for extensive development subject to local planning permissions.

La Escondida can be reached from Alicante airport in approximately 45 minutes on the Alicante to Alcoy motorway making it easily accessible.

Alicante airport has the benefit of year round chartered and scheduled flights to many national and European destinations. Flights times from London are within 2 hours 30 minutes.

This stunning hotel was converted and refurbished approximately 10 years ago by a British couple, Terry and Yvette Venables, who have lovingly created a delightful environment.

There is now a hotel management company managing La Escondida contracted on a short lease.

The hotel is constantly in demand as a wedding venue and is also hired as a whole for private functions.

La Escondida has been fully refurbished and designed with bespoke soft furnishings imported from Kings Road in London. There is a cosy lounge and bar and a restaurant with outside terracing for further dining enjoying panoramic views. To the lower ground floor there is a large lounge/function room with separate bar opening onto a large terrace also enjoying panoramic views. There is also a separate bodega, wine cellar and private dining room.

There are 10 beautifully appointed ensuite bedrooms in the main building and two delightful one bedroom cabins set in woodland aside the main building with their own private gardens all enjoying panoramic views.

There is a heated indoor pool with changing rooms and two massage rooms and an outdoor swimming pool with pergolas and a hard surface tennis court.

The hotel is set in 210 acres with olive and almond groves that are tendered by the local farmer, this has been underutilised by the present owners and has potential for extra income and potentially an EU agricultural allowance (this has to be established and confirmed).

There is an additional fully refurbished villa with two bedrooms, two bathrooms, a kitchen/lounge and a large private garden that can be used for owners/management accommodation or ideal for a separate guest villa.

La Escondida stands in a superb elevated position 2,000 feet above sea level, enjoying 360° panoramic views. The land extends to approx. 210 acres.

There are formal landscaped gardens directly around the Hotel and then further land enjoying olive and almond groves.

Torre Sena - Fronting the site of La Escondida this period vacant building dates back from 12/13th Century, with some sympathetic modifications over time. The stunning tower still remains intact and makes one of a trio of towers within the immediate area.

Subject to planning permission the redevelopment could include, ground floor function rooms including additional bar/restaurant, 6 first floor bedrooms and 4 or 6 second floor bedrooms.

The roof has potential to be redeveloped to have balconies/terraces incorporated within the top floor bedrooms which would enjoy panoramic views.

Torre Sena could also be converted into a stunning Health or Leisure Spa subject to planning permission.

There is also an area that could be used for a large marquee for weddings or conferences.

Mas De Jové - There is an additional fully refurbished villa with two bedrooms, two bathrooms, a kitchen/lounge and a large private garden that can be used for owners/management accommodation or ideal for a separate guest villa.

Derelict Farm Houses (Fincas) - Within the 210 acres there are three derelict stone rustic farm houses (fincas) which, subject to planning, could be redeveloped into additional guest accommodation/finca villas.

To the rear of the land is a large agricultural building recently used for storage facilities. Subject to planning permission there is potential for demolition and redevelopment for further guest accommodation.

The Location - The drive to La Escondida gives the first clues of being on the way to a special place. La Escondida is located in the Valencian Community, between the municipalities of Benifallim and Penáguila, 20 minutes from the town of Alcoy and at the gates of Font Roja National Park.

The Alicante coast fades from view and is replaced by imposing trees that cling at impossible angles along the edge of the road.

Advancing along the winding road you will find a charming valley, surrounded by mountains and there in the distance on a slight hill you will find Hotel La Escondida.

Tenure details, service charges and ground rent (where applicable) are given as a guide only and should be checked prior to agreeing a sale.

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Hotel La Escondida, Penaguila, Spain

£3,500,000 Guide Price
  • Ref: 355803
  • Availability: For Sale
  • Bedrooms: 14
  • Bathrooms: 14
  • Reception Rooms: 5
  • Tenure: Freehold