15 million euros investment to build the first hotel in Estepona old...

15 million euros investment to build the first hotel in Estepona old town centre

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Hotel MaravillaThe mayor of Estepona, José María García Urbano, and developer Richard Eller were present at a ceremony to lay the foundation stone of the future hotel Maravilla Palace, which will be located in the Plaza de las Flores and will become the first hotel in the historic old town.

The project, which sees an investment of 15 million euros, has a completion time of 18 months, so that the facilities will open to the public in the spring of 2019.

The Mayor pointed out the value of this initiative because it will satisfy “a long demand by both residents and tourists. Estepona has several top class hotels but until now doesn’t have an establishment of these standards in its urban centre”.

The Mayor also stated that, in addition to the Maravilla Palace, in the next two years the city centre will see seven more new hotels, which will generate more employment and boost the town’s tourist sector.

The mayor explained that event is “a recognition of the effort that Estepona has made during the last five years to transform the old town.” “Now, the centre of Estepona is able to attract investors willing to develop first-class tourism projects, such as this hotel Maravilla Palace,” continued Garcia Urbano.

As for this hotel, one of its architects, Luis Escarcena, explained that it will be built on a plot of about 800 square metres and will have a total of 50 rooms with all the necessary services to fulfill its four star category. There will be restaurants, cafeteria, function room, and chill-out terraces on the deck with pool, following a style that mixes modernity with tradition.

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