BuyersSpain Start Investment Search

Business buyers only · buy a hotel, B&B or guesthouse in Spain

Find and structure your hospitality investment in Spain.

For investors and operators looking to acquire a guesthouse, boutique hotel, B&B, aparthotel or other tourism business. From investment search and initial deal screening to due diligence coordination, lender-ready documentation and acquisition support.

  • Buy-side search and acquisition partner
  • Investment readiness and documentation coordination
  • Deal Room: one structured file per transaction
  • Introductions to independent, specialist lenders
  • Due diligence coordination with duly authorised specialists
EBITDADSCROccupancyADRRevPARCAPEXLicencesExit

Step 1 of 2 · Search brief

What hospitality or commercial property are you looking for in Spain?

For business buyers only: companies, entrepreneurs, operators and investors. Describe your investment criteria: property type, region, budget, available equity, preferred financing route and operating model.

In what capacity are you buying? *

BuyersSpain does not offer credit and does not make credit decisions. Financing is always subject to the independent assessment, terms and documentation requirements of the relevant lender. Legal, tax and regulated credit services are performed by duly authorised external professionals.

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A crucial distinction

A hospitality property is a business with a building around it

The key question is not only whether the property is attractive or legally transferable, but whether the business plus the real estate is financeable, properly licensed and operationally viable.

TopicPrivate / residential buyerCommercial buyer / hospitality property
BuyerPrivate individual, own home or second homeSL, holding, SPV, entrepreneur, operator or investor group
PropertyHome or residential propertyGuesthouse, hotel, B&B, aparthotel, holiday park or mixed commercial property
Core decisionQuality of living, lifestyle, personal affordabilityCash flow, licences, operations, returns, debt capacity and exit
FinancingResidential mortgageCommercial real-estate finance, asset-backed debt, seller finance or equity
AnalysisPurchase price, costs, buying processEBITDA, DSCR, occupancy, ADR, RevPAR, CAPEX, licences, staff, lease and operating contracts
SecurityMainly the home and personal incomeReal estate, shares in the SPV, business assets, pledge of revenues, corporate/personal guarantees
DocumentsID/NIE, income, bank statements, title checksAnnual accounts, P&L, tax position, licences, permits, booking data, staff, contracts, CAPEX plan
BuyersSpain’s roleBuy-side purchase guidanceInvestment sourcing, deal screening, Deal Room, specialist coordination and lender readiness
Legal frameworkConsumer credit protection may be relevantContract, company, security, licensing and financing structure dominate; always a fact-specific legal review

Even when a company is the buyer, shareholders or directors may provide personal guarantees. The actual structure, security and guarantees determine which legal framework applies — always have this assessed by a duly authorised Spanish lawyer.

The route

From search brief to stabilised operation

Every step has a clear decision point. You only pay for work once we have jointly established that your mandate is realistic.

01 · Intake

Investment Search

Your search brief and criteria, captured with minimal effort.

02 · Screen

Readiness & capital screen

Buyer structure, equity, financing route, operating model.

03 · Call

Investment Thesis / Mandate Call

Is the mandate achievable within budget, region and risk profile?

04 · Mandate

Acquisition mandate or deal screening

Paid engagement: an active search, or a review of a specific property.

05 · Pipeline

Curated investment pipeline

Selected properties that fit your thesis and budget.

06 · Underwriting

Indicative case & lender-ready pack

Revenue, occupancy, ADR, EBITDA, CAPEX and downside scenario.

07 · Offer

LOI & offer strategy

Indicative offer, conditions, exclusivity and deadlines.

08 · Diligence

Commercial due diligence

Financial, operational, technical, licensing, staff, contracts.

09 · Workstreams

Debt, equity & legal

Coordination with lenders, investors and lawyers.

10 · Closing

Completion & transition

Handover of staff, suppliers and booking channels.

11 · Aftercare

Stabilisation

First 100 days, KPIs, CAPEX and pricing.

Hospitality Deal Room

Ten milestones, one file, one critical question per step

All documents, analyses and decisions for each transaction in one place — so that you, your co-investors, lenders and advisers work from the same facts.

01

Investment mandate

Search criteria, return target, risk and structure profile.

What is your investment hypothesis?
02

Capital readiness

Equity verification, indicative financing route, sources and uses.

Can the buyer realistically close, and on time?
03

Deal sourcing

Curated pipeline and initial opportunity screen.

Does this property fit the thesis and budget?
04

Initial underwriting

Price, revenue, occupancy, ADR, EBITDA, CAPEX and downside scenario.

Is there an economic case before exclusivity?
05

LOI / offer strategy

Indicative offer, conditions, exclusivity and deadlines.

How does the buyer keep its options open during the checks?
06

Commercial due diligence

Financial, commercial, operational, technical, licensing, environmental, staff and contracts.

Is the cash flow presented real and transferable?
07

Capital workstream

Lender pack, discussions with lenders, equity and guarantee structure.

Is debt/equity available on acceptable terms?
08

Legal transaction

Asset deal or share deal, warranties, security and tax structure — carried out by your lawyer and tax adviser.

Is risk properly allocated in the contract?
09

Completion & transition

Closing, handover, staff, suppliers, booking channels.

Can operations continue without loss of revenue?
10

Stabilisation

First 100 days, KPIs, CAPEX, pricing and asset management plan.

Is the investment thesis being delivered?

Investment Search

Start with your investment criteria

Property type, region, budget, equity, financing route and operating model. A concrete next step within 24 hours.

Start my Investment SearchRead the B&B & hotel guide (Dutch)

Buying a home privately? Please go to buyer guidance for private buyers.