Lagos (Algarve), Faro (Algarve) 8600-621, Portugal
The Commercial for Sale located at Lagos (Algarve) Faro (Algarve) 8600-621 Portugal with 21 bedrooms, 32 bathrooms is currently for Sale, Lagos (Algarve) Faro (Algarve) 8600-621 Portugal is listed for $4,745,609. If the property located at Lagos (Algarve) Faro (Algarve) 8600-621 Portugal isn't what you're looking for, search Portugal Real Estate to see other Commercial for Sale in Lagos (Algarve) .
MLS#: C0369-00301
$4,745,609 USD
€4,500,000 EUR
- Total rooms
- 53
- Minimum sellable space
- 1,398m²
Property features
Construction details
- Year built
- 2010
Other features
- Garages
- 13
Area
- Property size
- 1,398m²
- Bedrooms
- 21
- Bathrooms
- 32
- Total rooms
- 53
Description
CHARM HOTEL, PORTO DE MÓS, LAGOSIf you are looking for a profitable business with great growth potential, do not miss this opportunity to buy a boutique hotel in operation, with 25 double suites, all with balcony or terrace, served by elevator and in an excellent location close to Porto de Mós beach, in Lagos. The hotel also offers a restaurant with capacity for 100 people, a lounge bar for 40 people, a meeting room, a business center, swimming pools, free parking and harmonious garden areas. It has a European security protocol implemented.The hotel is part of a set of three adjacent and interconnected properties, totaling a land area of 3,409 sqm and a construction area of 1,398 sqm. The properties areas are as follows:Hotel (2010): Lot 1,824 sqm, Deployment 417 sqm and Construction 805 sqm.House 1 (2016): Plot 790 sqm, Deployment 168 sqm and Construction 386 sqm.House 2 (2020): Plot 795 sqm, Deployment 138 sqm and Construction 207 sqm.Total areas: Lots 3,409 sqm, Deployment 723 sqm and Construction 1,398 sqm.The hotel is just a 3-minute drive or 15-minute walk from the famous beach of Porto de Mós, one of the most beautiful and sought after in the region, with its fine sand and clear waters. The hotel is also just a few minutes from the historic center of Lagos, where you can find a wide variety of services, commerce, culture and leisure. Furthermore, the hotel is just a 5-minute drive from the Boavista golf course and less than 10 minutes by car from the Palmares golf course, one of the most renowned in the Algarve.In addition, the hotel also has the possibility of being converted into a senior residence of reference in the premium segment, taking advantage of the lack of supply, the climate, security and infrastructure that The Algarve offers for this type of public. This is an alternative that can be considered to give new impetus to the business and respond with an adequate positioning to the growing demand for this type of service, without seasonality and with downtime tending to be zero.Do not miss this unique opportunity and book your visit now!We work with excellence in the entire process of sale and purchase of property, including promotion through the execution of specialized marketing tools, Credit Intermediation and management of the entire bureaucratic cycle of both clients and properties. By being present and in communication with all the intervening entities, we are able to ensure a short and trouble-free conclusion.As Credit Intermediaries, certified by the Bank of Portugal, we offer a free credit intermediation service that allows you to create, or transfer, a mortgage with the guarantee of obtaining the best market conditions for your specific situation.We are part of the largest real estate network in the world, with over 14,000 agencies in 88 countries and over 147,000 property consultants focused on finding the best solution for our clients.Come and visit us and meet our team of professionals.