Exceptional Investment Opportunity: Charming Hotel Undergoing Renovation in Faro, Algarve
- Prestigious location:
Located in the heart of Faro, a few steps from the marina and all amenities.
A privileged location, ideal for attracting a discerning tourist clientele.
- Hotel Features:
* 4-storey hotel undergoing complete renovation.
* 30 elegant suites with private bathrooms (10 per floor)
* Suites with balconies offering breathtaking views of the city and surrounding gardens
* 227 m² ground floor can be used for shops or restaurants
- Renovation and modernisation:
* Complete renovation and modernisation underway, guaranteeing an establishment of the highest standards.
* Completion scheduled for 2025
- Included in the sale :
Acquisition of the hotel and the company associated with the development
- Unique Development Potential:
* This hotel offers a rare opportunity to create a benchmark establishment in Faro.
* Its exceptional location and development potential make it a highly attractive investment.
Additional information :
For more information and to arrange a viewing, please contact us
- Key selling points:
* The hotels exceptional location
* Number and configuration of bedrooms
* The development potential of the ground floor
* The fact that the sale includes the business
* The fact that renovations are underway
WILLIAMS Algarve Property
Energy Rating: E
#ref:PP2022
- Rooms
- Number of floors:4
- Surroundings
- City Center
- School
- Green areas
- Pharmacy
- Supermarket
- Public Transport
- Extras
- Condition:For improvements
- Areas
- Gross Area:908.00m²
- Land Area:245.00m²
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