HOSPITALITY SECTOR AMAZING BUSINESS OPPORTUNITY FOR SALE / FORCED SALE DUE TO '
The one and only one 3 stars ecological BEACH HOTEL 6500 sq mtr in restricted construction area on the west of Algarve Portugal PLUS additional PLOT OF LAND with granted permition to build 4-5 star luxury hotel (2,120 sq.metroes on the hill abouve the sea)on the name of qualified buyer.This project represent tremendios potential for smart investor.Price has been reduced 30% due to retirement of owner.Surrounded by tranquil and serene enviroment yet right next to amentities ,golf ,restaurants this hotel is overlooking to one of the most beatifull rocky beaches of western Algarve with unique unspoiled beaty of nature.Most of the rooms are facing south boasting privilleged vew of breathtaking sunrise and sunsets . Hotel building has solid structure constructed with use of ecofriendly materials,antidamp paint with all electric part and plumbing wires convenienly located in false cealing permiting quick and low cost maintainnence.
Hotel with additional plot of land can be bought alone as a property investment.Or company -owner of hotel can be purchased -ideal option for proactive enterpeners ,family run business, International companies operating in Hospitality sector wishing expanding their portfolio and looking for new potential areas to introduce their brand,transform into charm boutique hotel . There is no more construction allowed near coast in this specific area making additional plot of land next to hotel a very attractive long term investment. Full support from legal- process to organising staff,helping to implement new ideas in regards of hotel business are offered to potential buyer.
The Algarve is an extremely well established international property market with statistics going back more than 30 years so there are some reliable indicators to measure trends. Statistics indicate a steady demand for residential tourist property and a good balance between supply and demand. Attractive tax laws also encourage overseas investment.
•Former price 3.125 000 EUR - 30%% DISCOUNT EXISTING HOTEL DESCRIPTION: •1920m² built on 5680m² plot •43 bedrooms, 46 bathrooms •1 separate 2 bedroom living acomodation •large Reception area •Relax/reading/kids corner room with 2 massage chairs •Bar and breakfast room •2 office •Fully fitted kitchen •Laundry •Air conditioning •Telephone •Mini-bar •Satellite TV •Swimming pool/Solarium •separate annex with individual entrance •Private car park •Sea vews ADDITIONAL PLOT OF LAND WITH PERMITION TO BUILD 2,120 SQ METROES AREA-
KEY BENEFITS of HOTEL BUSINESS -First line beach front hotel -Living accomodation on site included -2 bedroom apartment -Choice to run business as it is or transform into luxury boutique hotel -Construct another 4-5 star hotel on additional peace of land with freedom according to personal preferencies (type of hotel,design,number of rooms,finishings) -In case of purshase as company buyer becomes owner of set up portuguese registed company with activity Contruction,Exploration and Sales in hotel sector,Tourism which facilitates process of investing for foreign citizenship -tax and pension benefits
Detailed information will be given to qualified interested parties.
PRICED reduced from 3.125.000 to 2.400.000 EUROES(offers accepted)
Published on Feb 11, 2014
Published on Feb 11, 2014
Motivated sale 30% price down due to retirement Hotel business for sale 43 rooms family run hotel in restricted construction area with plo...