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21 bedroom hotel for sale

Portugal - Lagos, Algarve

€2,500,000

like this property?

Call: 03339 395551

Key features:

  • 21 bedrooms
  • Total area: 3102 sqm
  • House area: 1660 sqm
  • Condition: Used

Full description:

This HOTEL is perfectly located, close to all amenities and with fantastic sea views.
This property is currently closed, and will be sold as is, Sold with equipment and furniture.
The hotel offers 18 double rooms, lobby, reception, dining area, laundry and industrial kitchen and 2 elevators.
The hotel has 4 floors, (the ground floor has 6 meters high), there is a current project to change and enlarge the hotel for the construction of any of the following:
Apart-Hotel with individual self-contained apartments:
-23 contained flats for sale or hotel use (bed 2 and 3 bedroom units)
Expansion of the Hotel:
-to add a second floor and create more than 9 rooms within the existing model
Expansion of the Hotel:
-to amplify the current building through the East Wing and West and create about 50 Hotel rooms.
City of zoning and licensing allows the exploitation Servcies Hotel Tourism (non-residential).
There's no pool, but can be built (surcharge), as well as other changes can be made by the present owner, at an extra cost.
An excellent location with breathtaking views, just 400 metres from the beach.
REF: 3049

This pin shows the general area of the property as the exact location was not given

Nearest Airports*

  • Faro (International), 40.1 miles

*Distances are straight line measurements. This feature is currently in beta.

To view this property or request more details, contact
Algarve Elite Property Lda, Algarve

Avenida dos Descobrimentos, Nš 158600 645 Lagos -Algarve
03339 395551  Local call rate

Disclaimer

This is a property advertisement provided and maintained by Algarve Elite Property Lda, Algarve (reference 53550_3049) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

This property is marketed by:

Algarve Elite Property Lda, Algarve

Avenida dos Descobrimentos, Nš 158600 645 Lagos -Algarve
or call 03339 395551
Calling from outside the UK? 00351 282 769 150

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