CASUAL LAS OLAS HOTEL
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Urban Regeneration, Technical Precision and Strong Asset Returns
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Urceman Group presents one of its flagship hospitality projects: the comprehensive refurbishment and conversion of a mixed-use building into Casual de las Olas, a hotel in Donostia-San Sebastián.
Refurbishment and Cutting-Edge Design
This project stands out for the complex technical conversion of several floors within a former office building into a distinctive hospitality destination. Through contemporary design and a visual narrative inspired by maritime culture and the sea, Urceman Group has created a hotel with a strong identity and landmark character that sets it apart from more conventional accommodation.
The hotel features 63 rooms designed to deliver maximum comfort and operational efficiency, with an interior concept inspired by ocean waves and the Cantabrian Sea, immersing guests in a distinctive and memorable experience.
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A Prime Strategic Location
Located in Plaza Pío XII, the hotel stands at one of San Sebastián’s main transport hubs.
This privileged position not only provides convenient access for visitors, but also establishes the property as a prominent landmark at one of the principal gateways to the city, supporting a steady flow of both leisure and business guests.
Performance and Commercial Success
Since the refurbishment was completed in March 2019, the hotel has exceeded operating expectations:
- Fully Operational: The property has performed at full capacity since opening.
- Strong Demand: It has maintained occupancy levels close to 100%, establishing itself as a highly profitable hospitality asset.
- Value Creation: Urceman Group’s management approach has optimised the existing space to maximise room capacity without compromising either design or quality.
Completion and Results
At Urceman Group, we transform existing buildings into successful hospitality businesses by combining strategic vision, technical precision and in-depth knowledge of the real estate and tourism markets.
KEY ASSET FEATURES
Asset Overview
- Location: Plaza Pío XII, Donostia-San Sebastián
- Scope: Comprehensive refurbishment and conversion of a mixed-use property into a hotel
- Capacity: 63 themed guest rooms
- Completion: March 2019
- Status: Fully operational, with occupancy at near-full capacity
CONTACT
The best investments start with a conversation
For more information about our projects, business areas or investment opportunities, we would be delighted to hear from you.
Address: C/ Elorrea, 1, Ground Floor, Left Derio, Biscay
Email: info@urceman.com
Tel.: +34 94 642 17 55
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