CBcB Group Rumoured Owners For New Luxury Hotel In Punta Xinco Ibiza
Written by Dan Kirwan
An old derelict building overlooking Punta Xinco in Cala de Bou, is rumoured to be the location for a brand new luxury boutique hotel run by the CBbC group in Cala Basa. The concrete structure was abandoned as a half-completed hotel decades ago and had been a contentious eyesore in the area for years. Local resident groups and political parties have objected to its dangerous condition denouncing the Sant Joseph council to address its safety.
The beachfront property is also a much sought-after real estate asset enjoying premium sunset views over the Mediterranean Sea with its own stretch of beach. In recent years, there had been intensive legal wrangling over the property’s title, but the latest gossip suggests that the well-connected Spanish company CBbC group has won its ownership rights. However, similar rumours that the site was to be the location for the new Space Ibiza Hotel partnered by Red Bull and Nike turned out to be false.
The CBbC group operates a number of high-end properties in Ibiza, but the jewel in its crown is the popular family venue CBbC Beach Club on the pristine, natural waters of Cala Bassa, one of the finest and cleanest beaches on the island. The group was part of the first wave of international companies to realise the rising stock of Ibiza real estate when they shrewdly invested in Cala Bassa over 12 years ago, pioneering the luxury hospitality concept on the West Coast.
the jewel in its crown is the popular family venue CBbC Beach Club “
CBbC would possess both the financial muscle and influence to secure the legal ownership of the coveted site, which it plans to open as a luxury 4-star boutique hotel with over 80 rooms next summer. We wish them all the very best of success with their new Hotel concept.
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