Hotel For Sale In The Center Of Faro, Algarve, Portugal

This centrally located hotel, with 30 rooms, with private bathrooms, in the heart of Faro, Algarve, is set close by a small garden and a short distance of the marina, with easy access to restaurants, services, shops and leisure activities.

In the process of being completely refurbished, the building will undergo an internal and external transformation that will harmonize the traditional style with the modern. The façade will retain the authentic features of the original architecture, but will include contemporary elements, which will elevate the building’s façade with elegance and modernity.

The interior of the hotel, undergoing a complete renovation, offers aesthetic improvements, better thermal and acoustic insulation, to convey a serene, comfortable and intimate atmosphere. On the first floor, it is possible to build more rooms or service spaces, or stores, thus expanding the building’s potential.

The location is excellent, with easy access to urban transport, close to local shops, restaurants, bars, leisure, cultural and tourist activities and Faro International Airport is 10 minutes away, it is a good option to consider for investment and to boost the area’s tourist offer.

CHARACTERISTICS:
Plot Area: 245 m2 | 2 637 sq ft
Area: 908 m2 | 9 774 sq ft
Useful area: 245 m2 | 2 637 sq ft
Deployment Area: 227 m2 | 2 443 sq ft
Building Area: 908 m2 | 9 774 sq ft
Bedrooms: 30
Bathrooms: 30
Energy efficiency: Certification in progress

Hotel

30 rooms

Total refurbishment

Central location

Internationally awarded, LUXIMOS Christie’s presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie’s is the exclusive affiliate of Christie´s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal.

Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina.

LIc AMI 9063