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Commercial property for sale

€1,400,000

Portugal - Vila Nova de Milfontes, Portimão Algarve

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Call: 03339 396379

Key features:

  • Total area: 1800 sqm

Full description:

This is a fantastic opportunity to purchase an aparthotel in the picturesque seaside town Vila Nova de Milfontes.With existing revenue and adjacent plots for development. Milfontes nestles within the the Coastal Natural Park and internationally marketed walking and cycling routes pass through the area. Comprising 3 plots:



Plot 7:



- An apart hotel with 4 floors, total 339 m2.

- Comprised of 2, 3 and 4 bed apartments - a total of 25 beds.

- Yearly turnover circa 75,000€



Plot 8:



- 2 bedroom bungalow of 119 m2

- Garden and land totalling 909 m2

- separate road access

- currently being used as a breakfast/social room



Plot 6b:



- Building plot adjacent to hotel with area of 550 m2

- separate road access





Vila Nova De Milfontes is a charming town that is situated on the western edge of the Alentejo coastline partway between Lisbon and the Algarve. Surrounding Milfontes is a stunning coastline of rugged cliffs and sandy beaches, both of which are constantly pounded by the ferocious Atlantic Ocean.



Vila Nova De Milfontes has been developed in a responsible manner, there are no major apartment blocks engulfing the coast, everything still retains the Alentejo small town atmosphere. This lack of development has extended to the regions beaches where as in any other country there would be mass tourism in Milfontes the coastline is wild and rugged. The beaches are ideal for surfing or body boarding due to the massive swells that originate from the Atlantic Ocean.
REF: IDH3557

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

Nearest Airports*

  • Faro (International), 52.8 miles

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

To view this property or request more details, contact
Ideal Homes International, Portugal

Vila Sol, Alto do Semino Lote E, Loja 1, 2 + 3 8125-307 Quarteira
03339 396379  Local call rate
About Ideal Homes International, Portugal

At Ideal Homes International we specialise in assisting people like you in purchasing property overseas. With a combined understanding of the market of over 100 years, our team has an unrivalled knowledge, making us experts in the field when it comes to finding the right property for you.

Consistent and ever improving quality and service is at the forefront of our campaign for excellence in the customer service department.

Our objective is to deliver a service that far beyond exceeds expectations. Above all, we are a company that cares - about its people, about its effect, about its reputation, and about always offering and finding the “ideal” solution when it comes to buying property abroad.

The foundations of our company are firmly set giving all our future clients, working partners and staff the benefit of a rock solid base in which they can trust and believe in.

We are pleased to offer all our clients the opportunity to see their potential dream homes first hand with our tailor made Viewing Trips, in any of 4 beautiful locations, Portugal, Italy, Spain & Florida.

The trip includes:

Return flights for two adults from an airport of your choice direct to chosen destination.

Individual airport transfers on arrival and departure

Accommodation in a luxury hotel (minimum 3 stars), including breakfast

Free legal advice from an independent property lawyer

Free financial advice from an independent mortgage brokerage

Rental and property management presentation

Exclusive service; advice and guidance from one of our experienced Property Consultants

You will be shown the different areas and visit as complete range of properties as possible that are both in your price range and ones that you have expressed an interest in viewing.

Over the course of the trip when you make your decision on whether this is for you or not, we will explain all the details including total costs, annual costs, legal formalities, flight offers, furniture, letting potential, in fact everything for “YOUR NEW HOME OVERSEAS”.

For more information on viewing trips and why this is the best solution to finding your house in the sun feel free to call our offices where one of our friendly helpful members of staff will explain the whole process.

Tel: 00351 289 513 434 / 0800 133 7644

Email: enquiries@idealhomesportugal.com

We are a fully licensed Real estate agency with Head offices in Vila Sol, Portugal:

Vila Sol, Alto do Semino
Lote E, Loja 1, 2 + 3
8125-307
Quarteira


Real Estate Licence No. AMI-9540

What are you waiting for, we want to help turn your dream into a reality!

The team are looking forward to hearing from you!


Disclaimer

This is a property advertisement provided and maintained by Ideal Homes International, Portugal (reference 98429_IDH3557) 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:

Ideal Homes International, Portugal

Vila Sol, Alto do Semino Lote E, Loja 1, 2 + 3 8125-307 Quarteira
or call 03339 396379
Calling from outside the UK? 00351289513434

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