Renovated Hotel In The Center Of Faro | Exclusiv

We present an excellent investment opportunity through the acquisition of the company that owns this hotel development, with the transaction being carried out through the purchase of the company that owns the asset, located in the center of Faro, one of the most dynamic and sought after cities in the Algarve.

The building is in the final phase of a complete renovation and will be delivered completely rehabilitated, with the exception of the basement, where there are currently commercial spaces. If the future owner wishes, this area can be converted into additional rooms or adapted to other areas, allowing the accommodation capacity to be increased and increasing the profitability of the investment.

Spread over four floors, the hotel has 30 rooms, all with private bathrooms, presenting a modern and functional concept, prepared to meet the demands of the national and international tourist market.
One of its biggest attractions is the terrace with panoramic views over the city of Faro and the Ria Formosa, with great potential for transformation, providing a different experience for future guests.
The versatility of the project allows the implementation of different operating concepts, from a boutique hotel or lifestyle hotel to a project of premium suites or tourist apartments, adapting to the most diverse investment strategies.

Located in a privileged location, just a few meters from Faro Municipal Market, the historic center, commercial areas, restaurants and the city’s main points of interest, this asset brings together unique characteristics that combine location, quality, potential for appreciation and high tourist demand.
The acquisition is made through the purchase of the company that owns the hotel, allowing the investor to assume ownership of the company that owns the project and its associated assets. This is a rare opportunity for investors and hotel operators looking for a completely renovated project, with expansion potential and excellent profitability prospects in one of the cities with the highest tourist growth in the Algarve.

Additional information:
KW Flash has at its disposal a Credit Intermediary authorized by Banco de Portugal. If you need financing, we can help!
At KW Flash we share business with every real estate consultant or AMI licensed agency. We believe that together we can do more for our customers! If you are a professional in the sector and have a qualified client, contact me and schedule a visit.
Energy Rating: Exempt
#ref:KWPT-035437