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COMMERCIAL

Algarve, Monchique, Portugal

£2,238,860
€2,600,000
Divine Home, Portugal
PROPERTY TYPE

Commercial Property

BEDROOMS

12

BATHROOMS

12

SIZE

8,181 sq ft

760 sq m

Key features

  • Rooms: 12
  • Solar Panels
  • Business
  • Investment
  • ROI

Description

An exceptional boutique hospitality business in the stunning West Algarve is now available for acquisition. This unique property together with the established business offers a turn-key hospitality investment opportunity for investors seeking a good yield asset or those looking to live and work in a natural yet vibrant environment.

Being renovated, the business offers a seamless blend of luxury, comfort, and sustainability, attracting a discerning clientele seeking an unforgettable experience in one of Portugal's most desirable regions.

The business is fully operational, with professional staff, well working operational procedures, and a strong reputation and track record of success; making it the ideal turnkey investment opportunity.

While the specific location and details are kept confidential to protect operational privacy, interested buyers will appreciate the strategic placement and the potential for continued growth.

This is a rare chance to acquire a thriving hospitality business in a prime location. For further details and to arrange a private discussion, please contact us directly.

REF: B&B

Algarve, Monchique, Portugal

Approximate location
Open mapStreet View

NEAREST AIRPORTS

Distances are straight line measurements
  • Faro(International)
    39.3 miles

Advice on buying Portuguese property

Learn everything you need to know to successfully find and buy a property in Portugal.

About Divine Home, Portugal

Do you like a property and are you considering purchasing it in Portugal?

With the 7 steps below you can complete a succesful purchase in Portugal:

1. Location - decide the area that you want to be in

2. Properties - make a selection of properties or choose an agency in Portugal that helps you find the right properties. This agent can also accommodate you on all viewings. Always choose an agent with an official AMI-license number in Portugal. We are happy to explain more about the buying service.

3. Viewings - once you have booked your flights, pre-book the viewings for the properties you wish to see. If you choose a buyer agent to work for you, the agent can schedule all visits for you.

4. Offer - when you have found the right property, you put in an offer to come to agreement with the seller

5. Choose the right lawyer - when purchasing in Portugal it is important to have a good, trustable, communicative lawyer. The lawyer is your legal advisor on the purchase.

6. Sign a promissory contract; onceit is important that this contract contains all the necessary conditions for you. When signing this contract the purchase is legally binding under the conditions of the contract. In the contract the date for the title deed at the notary is mentioned; this is the moment where you will receive the keys and become the owner of the property.

7. Title deed - before going to the notary to sign for the title deed, it is advisable to check the house on the day of the title deed and write down the meter readings to have all utility contracts being transmitted from the vendor to yourself. This avoids being disconnected which can take 2-3 weeks to get connected again to water or electricity.

Do you want help in finding the right property for you? We are happy to explain to you how we can help. Navigating a foreign market is easier with a local expert on your side.

Contact us via the phone number(s) or email address shown on the page and we will help you find your dream home purchase successfully!

Divine Home – with 4 offices spread in the Algarve and the Alentejo

AMI-license: 11606

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Divine Home, Portugal (reference 61491_BB) 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.

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