5 Mediterranean hotels for under €2 million
Five boutique hotels for sale in Europe under €2M
Below are five properties across Italy, France and Spain. All under €2M. All with value creation potential.
1. Lake Como, Italy
Six-room historic villa with panoramic lake views
Perledo, above Varenna
378 m² interior
Built 1780
Lot 477 m²
A mid-18th-century stone villa overlooking Lake Como, located in a tiny village inside a protected park above Varenna. Already operating as a B&B with 4 superior rooms and 2 apartment-style suites (total 12 guests) plus gardens, kitchen, cellar and potential to convert the cellar into a small restaurant or wine room.
Varenna ferry is minutes away connecting you to Bellagio, Menaggio and every bucket-list corner of Lake Como. The night shuttle from Varenna even drops guests back at the village in summer.
Positioning: heritage micro-hotel with chef’s table wine cellar.
Asking: €550.000
If you want a lifestyle hotel on Como without paying Como-hotel money, this is it.
2. Dordogne, France
Riverfront Maison de Maître with five gîtes
Lalinde, riverside estate
Main house 505 m²
Gîtes 274 m²
Pool 17 x 7 meters
A true French estate on 400 meters of river frontage. Natural springs. Mature parkland. Zero direct neighbors.
The main house includes multiple apartments, offices, terraces, and ensuite bedrooms. The annex holds five gîtes, each with kitchen, living, two bedrooms and river-view terraces. Private pool fed by spring water, historic outbuildings, and UNESCO-protected surroundings. 20 minutes to Bergerac airport.
Positioning: weddings, culinary and wine retreats, wellness estate with long-stay suites.
Asking: €1.8M
Own a slice of France that will never be recreated again.
3. Tuscany Coast, Italy
Wine estate + boutique glamping + hotel conversion potential
2 km from the sea
Approx. 20 hectares
DOC vineyards and olive groves
This is one property you build a brand around. Vineyard producing DOC wine, olive oil, small-batch gin. 16 glamping tents already operating with strong reviews, plus a farmhouse and outbuildings for converting into rooms.
Beach in under 5 minutes. Hilltowns minutes away. A wedding and retreat machine waiting to happen.
Positioning: agriturismo meets luxury camping meets family wine estate.
Starting bid: €1.9M (down from €2.3m) - next auction to be announced in the coming weeks.
4. Lanjarón, Spain (Andalusia)
30-room historic spa-town hotel
Built 1957, renovated 2003
2188 m² interior
Lanjarón is famous for its healing springs and sits at the gateway of the Alpujarra mountains near Granada and the Costa Tropical.
This hotel carries the charm of old-world Spain: marble interiors, classic lounges, established guest base, bar, kitchen, salons and parking. Fully renewed mechanicals in 2003 (electrical, plumbing, HVAC).
Positioning: slow-luxury mountain spa hotel, modern Andalusian interiors, local produce restaurant.
Asking: €1.5M
Buy a piece of Spanish hospitality history and make it current.
5. Chianciano Terme, Italy
20-room hotel in historic spa town
1,095 m² interior
480 m² courtyard
Chianciano Terme is one of Italy’s historic spa towns between Tuscany and Umbria. Close to Val d’Orcia, Montepulciano, Siena, Florence and Rome.
20 rooms, breakfast room, lounge, garden and parking. Operational. “Management possible from day one.” The town needs new energy and modern design. Great bones and location.
Positioning: lifestyle wellness hotel with thermal partnerships, wine trips, Val d’Orcia content engine.
Asking: €285.000
Biggest ROI potential on the list if you know what you’re doing.
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