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COMMERCIAL

Algarve, Albufeira, Portugal

£813,010
€950,000
Vip Algarve Property, Albufeira
PROPERTY TYPE

Hotel

BEDROOMS

7

BATHROOMS

5

SIZE

2,045 sq ft

190 sq m

Key features

  • 7 bedrooms
  • Total area: 490 sqm
  • House area: 190 sqm
  • 5 bathrooms

Description

Hostel in operation since 2013, located in the heart of the historic center of Albufeira, just 200 meters from Praia do Peneco and about 5 minutes walk from Praia dos Pescadores.

The space was designed to provide a relaxed and convivial experience, with several common areas that contribute to the welcoming atmosphere that characterizes the business.

The rooftop terrace stands out, with a seating area and bar, ideal for convivial moments, as well as the interior patio, the fully equipped kitchen and a large communal table on the terrace.

The hostel has 7 dormitories for guests, with a total capacity of 34 beds:

Room No. 1: 8 beds

Room No. 2: 6 beds

Rooms 3 to 7: 4 beds each

There are also 2 rooms for staff, one with 8 beds and the other with 1 bed.

Bathroom facilities include 2 full bathrooms with shower and changing rooms equipped with 3 toilets and 2 showers.

With a consolidated activity for more than a decade, the hostel benefits from a central location, close to the beaches, restaurants, shops and entertainment of Albufeira, maintaining a strong connection to the market of national and international travelers.

This is an opportunity to acquire a functioning tourism business, with structure and operation already in place and an established presence in the center of Albufeira.
REF: VC2019

Algarve, Albufeira, Portugal

Approximate location

NEAREST AIRPORTS

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

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About Vip Algarve Property, Albufeira

Avenida Dos Descobrimentos Apart. Lopes Loja A 8200 - 260 - Albufeira

Welcome to VIP Algarve Property where the properties and services are first class and our client's needs are our top priority.

Our professional staff knows and understands what it is like to purchase a new home in a new country, as we have all done it ourselves, this is why, unlike other agencies which aim purely at selling property, our aim is to make sure that our clients are fully informed about the whole buying process.

By offering a continued personalized service, legal advice and multilingual staff available at all times, at VIP Algarve Property we want our clients to feel that they do not have to worry about purchasing property overseas.

Based on a deep knowledge of the local market and a keen sense of good quality properties we can assure you that we will provide you a varied assortment of properties to choose from and view which is why we advise you to take a little time to browse through the properties within our website and compile a list of favourites.

We will be delighted to discuss and show you any property you choose to view.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Vip Algarve Property, Albufeira (reference 138050_VC2019) 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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