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-   -   Advice Needed (https://britishexpats.com/forum/spain-75/advice-needed-925642/)

Leper May 15th 2020 7:47 am

Re: Advice Needed
 

Originally Posted by Joppa (Post 12846836)
All I can say at the moment is that Spain is facing a calamitous future in the tourist industry, and many expat-owned businesses are already up for sale and asking price is being slashed to attract buyers. While you may pick up a property at a bargain price, you may find it's extremely difficult to have a profitable business in the expected sharp downturn in visitor numbers, especially overseas, which form the bulk of B&B clientele. Make sure you have enough cash reserve to tide you over for at least a year or two.

Joppa is right (I don't know him/her). No matter what anybody will say on the forum, I reckon you're going to go ahead anyway. Therefore, I suggest you add "cycling facility" to your B&B. I think you'll have a tough time getting the project up and running, but I bet you'll make a success of it.


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