The luxurious seaside hotel in Spain is planned to be demolished: the building is turning into ruins

A eerie Spanish seaside hotel, once beloved by tourists, was left to decay 17 years ago.

The Neptuno Hotel is situated in the northern part of Tenerife. It was shuttered in 2007 due to deterioration and low occupancy rates, as reported by the Express.

The southern part of the island became more popular due to its accessibility, facilitated by the completion of a new highway connecting the south with the north a few years later.

Neptuno was among the pioneer hotels that drew northern Europeans to visit the Canary Islands in the 1960s and 1970s.

But in the early 1980s, after the death of General Franco, state-supported hotels were sidelined in favor of new hotels with better amenities.

Then, a new airport opened in southern Tenerife, increasing demand in the southern part of the island for resorts and related infrastructure.

Neptuno experienced a gradual decline in visitors, struggling throughout the 1990s and 2000s before finally closing its doors in 2007.

Its parent company went bankrupt, and the hotel had only a 45 percent occupancy rate during the peak months of July and August.

The La Laguna City Planning department plans to demolish the old hotel, which is deteriorating due to its condition and neglect by the owner, at a cost of approximately £30,000.

As TravelWise wrote earlier, experts gave tips on how to find secret hotels where your vacation will be simply unbeatable.