COMMERCIAL
Algarve, Monchique, Portugal
€2,600,000
- 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
Located in the breathtaking hills of Monchique, this Premier Hospitality Investment Opportunity offers a rare opportunity to own a thriving boutique hospitality business in one of the Algarve's most picturesque settings. With an established reputation, steady revenue streams, and a proven business model, this turn-key operation is perfectly positioned for investors seeking a good yield asset or those looking to live and work in a natural yet vibrant environment.
A Boutique Hospitality Business with Diverse Revenue Streams:
This beautifully renovated property features 12 modern, well-appointed guest accommodations. All rooms are spacious and have underfloor heating and all, except one (the economical room) have panoramic views of the Monchique hills.
A professional kitchen makes it possible to prepare delicious breakfasts and organise catering for lunch, dinner events and parties if you?d like. The well-appointed breakfast room offers guests the choice to dine inside or outside on the terrace with stunning views.
Outdoor Spaces:
The outdoor areas are as impressive as its interiors, designed to immerse guests in the beauty of nature.
Swimming Pool:
A stunning outdoor pool with panoramic views of the rolling hills, surrounded by sun loungers and seating areas for ultimate relaxation.
A jacuzzi on the 31-meter-long wooden deck; the jacuzzi is very popular among guests and ideal for events or retreats.
Terraces and Gardens:
Multiple terraces and manicured gardens offer quiet spots for guests to unwind, read, or simply enjoy the serene atmosphere.
Event-Friendly Grounds:
Ample space for hosting outdoor events such as weddings, yoga sessions, and gatherings, all framed by the natural beauty of Monchique.
Private Parking: A large parking area accommodating guests and event attendees.
Energy Sufficiency
Creating exceptional guest experiences while caring for the planet has led to the integration of renewable energy to ensure a greener future without compromising luxury or comfort:
- With the renovation, 24 solar panels have been installed to generate electricity. Together with a new switchboard for all rooms and the kitchen, it brings a huge advantage of a % reduction on electricity bills.
- A new heat pump is installed to generate warm water for all buildings, and this also contributes greatly to the energy sufficiency of the property.
Prime Location in Monchique:
- This location offers the best of both worlds?peace and seclusion in the heart of nature, yet conveniently close to the town of Monchique and its amenities. The property is also within a short drive to the Algarve?s renowned beaches, golf courses, and cultural attractions, making it an ideal base for guests exploring the region.
- This unique property layout, combined with its thoughtfully designed facilities plus the fact that it is a turn-key solution, makes it a standout investment for those seeking a versatile, high-quality hospitality business in the Algarve.
Complementing its primary hospitality offering, the business is set up to generate income from multiple revenue streams as the business offers endless opportunities.
Event Spaces:
- Meeting Room for corporate events and workshops.
- Geodesic Dome?ideal for yoga retreats, weddings, and large gatherings.
- Multi-Purpose Room for intimate events or buyouts during the winter season.
Food & Beverage:
A network of chefs catering to events, with additional income from a snack service and a 24-hour honesty bar.
Activities & Experiences:
- Partnerships for commission-based activities, such as guided hikes, pottery classes, forest bathing, and wine tasting.
- Yoga and mindfulness sessions in the dome or among the property?s tranquil surroundings.
Transport Services:
Shuttle services with the property?s van, catering to guests travelling across the Algarve, including Faro Airport and local stations.
Retail:
A curated gift shop featuring local products and personalized merchandise.
Additional Upsells:
- Personalized packages for guests, including flowers, wine, photography sessions, and honeymoon add-ons.
- With its diversified revenue streams, it not only offers exceptional guest experiences but also ensures steady cash flow throughout the year.
Owner?s Living Quarters:
For those seeking to reside on the property, the business includes a detached, charming cottage that serves as the perfect owner?s accommodation. Enjoy the tranquillity of living amidst nature while managing a thriving business from your doorstep. (It would be possible to create an owner's accommodation, but you would sacrifice 2 rental units to create an owner's accommodation)
A Proven Business Model with an Established Reputation:
The business comes with an impressive track record, including excellent guest reviews on international travel platforms, where it holds a 9.1 rating. Guests frequently praise the property for its peaceful atmosphere, friendly staff, and attention to detail, solidifying its position as a top choice for travellers and retreat organizers.
Prime Investment Potential
This turn-key business opportunity represents a unique investment in the Algarve's growing hospitality sector. When purchasing, you are not only purchasing an amazing property, but you are purchasing a property in a turn-key business operation that includes:
- An established reputation and client database.
- Experienced staff and operational procedures.
- A professionally designed website, social media accounts and marketing assets.
- Established partnerships to enhance guest experience and have optimized revenue streams.
This is an ideal opportunity for investors seeking a turn-key business with a steady income stream, or entrepreneurs ready to immerse themselves in a rewarding hospitality business.
REF: SVP2277
A Boutique Hospitality Business with Diverse Revenue Streams:
This beautifully renovated property features 12 modern, well-appointed guest accommodations. All rooms are spacious and have underfloor heating and all, except one (the economical room) have panoramic views of the Monchique hills.
A professional kitchen makes it possible to prepare delicious breakfasts and organise catering for lunch, dinner events and parties if you?d like. The well-appointed breakfast room offers guests the choice to dine inside or outside on the terrace with stunning views.
Outdoor Spaces:
The outdoor areas are as impressive as its interiors, designed to immerse guests in the beauty of nature.
Swimming Pool:
A stunning outdoor pool with panoramic views of the rolling hills, surrounded by sun loungers and seating areas for ultimate relaxation.
A jacuzzi on the 31-meter-long wooden deck; the jacuzzi is very popular among guests and ideal for events or retreats.
Terraces and Gardens:
Multiple terraces and manicured gardens offer quiet spots for guests to unwind, read, or simply enjoy the serene atmosphere.
Event-Friendly Grounds:
Ample space for hosting outdoor events such as weddings, yoga sessions, and gatherings, all framed by the natural beauty of Monchique.
Private Parking: A large parking area accommodating guests and event attendees.
Energy Sufficiency
Creating exceptional guest experiences while caring for the planet has led to the integration of renewable energy to ensure a greener future without compromising luxury or comfort:
- With the renovation, 24 solar panels have been installed to generate electricity. Together with a new switchboard for all rooms and the kitchen, it brings a huge advantage of a % reduction on electricity bills.
- A new heat pump is installed to generate warm water for all buildings, and this also contributes greatly to the energy sufficiency of the property.
Prime Location in Monchique:
- This location offers the best of both worlds?peace and seclusion in the heart of nature, yet conveniently close to the town of Monchique and its amenities. The property is also within a short drive to the Algarve?s renowned beaches, golf courses, and cultural attractions, making it an ideal base for guests exploring the region.
- This unique property layout, combined with its thoughtfully designed facilities plus the fact that it is a turn-key solution, makes it a standout investment for those seeking a versatile, high-quality hospitality business in the Algarve.
Complementing its primary hospitality offering, the business is set up to generate income from multiple revenue streams as the business offers endless opportunities.
Event Spaces:
- Meeting Room for corporate events and workshops.
- Geodesic Dome?ideal for yoga retreats, weddings, and large gatherings.
- Multi-Purpose Room for intimate events or buyouts during the winter season.
Food & Beverage:
A network of chefs catering to events, with additional income from a snack service and a 24-hour honesty bar.
Activities & Experiences:
- Partnerships for commission-based activities, such as guided hikes, pottery classes, forest bathing, and wine tasting.
- Yoga and mindfulness sessions in the dome or among the property?s tranquil surroundings.
Transport Services:
Shuttle services with the property?s van, catering to guests travelling across the Algarve, including Faro Airport and local stations.
Retail:
A curated gift shop featuring local products and personalized merchandise.
Additional Upsells:
- Personalized packages for guests, including flowers, wine, photography sessions, and honeymoon add-ons.
- With its diversified revenue streams, it not only offers exceptional guest experiences but also ensures steady cash flow throughout the year.
Owner?s Living Quarters:
For those seeking to reside on the property, the business includes a detached, charming cottage that serves as the perfect owner?s accommodation. Enjoy the tranquillity of living amidst nature while managing a thriving business from your doorstep. (It would be possible to create an owner's accommodation, but you would sacrifice 2 rental units to create an owner's accommodation)
A Proven Business Model with an Established Reputation:
The business comes with an impressive track record, including excellent guest reviews on international travel platforms, where it holds a 9.1 rating. Guests frequently praise the property for its peaceful atmosphere, friendly staff, and attention to detail, solidifying its position as a top choice for travellers and retreat organizers.
Prime Investment Potential
This turn-key business opportunity represents a unique investment in the Algarve's growing hospitality sector. When purchasing, you are not only purchasing an amazing property, but you are purchasing a property in a turn-key business operation that includes:
- An established reputation and client database.
- Experienced staff and operational procedures.
- A professionally designed website, social media accounts and marketing assets.
- Established partnerships to enhance guest experience and have optimized revenue streams.
This is an ideal opportunity for investors seeking a turn-key business with a steady income stream, or entrepreneurs ready to immerse themselves in a rewarding hospitality business.
REF: SVP2277
Algarve, Monchique, Portugal
NEAREST AIRPORTS
Distances are straight line measurements- Faro(International)39.3 miles
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This is a property advertisement provided and maintained by Divine Home, Portugal (reference 61491_SVP2277) 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.