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Hotel - Faro
Premium
3.050.000 €
30 Zimmer
Grundfläsche 908 m²
Discover this iconic building in the heart of Faro, licensed for Guesthouse/Residential use. With three fully renovated floors, it offers 30 modern ensuite rooms, while the ground floor provides a spacious area for commercial or service activities, allowing multiple revenue streams. An immediate investment opportunity in the historic city centre. Key Features: 30 fully renovated ensuite rooms 4 floors, including versatile ground floor Central location in Faro Ground floor suitable for commercial use Licensed for Guesthouse / Residential Schedule your visit now with BUYME Property Note. 1. For any information about this property, please always mention reference 240200 2. When scheduling a visit and making a visit, bring your identification document with you. #ref:240200
Premium
3.050.000 €
Grundfläsche 908 m²
This building, located in Faro, Algarve, is a hotel currently undergoing renovation, consisting of a ground floor and three additional floors. Situated in the heart of the city, it boasts an excellent location within walking distance of the Marina and all amenities. Floor distribution: - 1st, 2nd, and 3rd floors: Comprising a total of 30 suites (10 per floor), currently in the final stages of renovation. Some of these suites feature spacious balconies with unobstructed views and/or views of the park gardens. - **Ground floor:** Offers the potential for commercial spaces with a total area of 227m². General features: The building consists of 4 floors, with a total of 30 rooms, each equipped with a private bathroom. It is being fully renovated and modernized, with the renovation project expected to be completed by early 2025. Extras: The acquisition of this hotel also includes the associated company linked to the business venture. Faro, the capital of the Algarve, is a vibrant city located in southern Portugal. Renowned for its rich historical heritage, Faro stands out with its charming walled old town, known as the ’Cidade Velha,’ featuring cobblestone streets, historic churches, and Manueline-style buildings that invite exploration. The city also serves as the main gateway to the region, with Faro International Airport just minutes from the city center. Surrounded by the natural beauty of the Ria Formosa, a protected lagoon system with islands, beaches, and abundant wildlife, Faro is a popular destination for both culture enthusiasts and nature lovers. With its welcoming atmosphere, excellent cuisine, and easy access to other Algarve towns, Faro offers a perfect blend of tradition, modernity, and leisure. #ref:GA-10032
Werbung
Undefined
3.050.000 €
Grundfläsche 908 m²
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. #ref:KWPT-035437
850.000 €
Grundfläsche 318 m²
Charming and profitable building in the heart of downtown Faro If you’re looking for an exclusive property for investment or residence, this is a rare opportunity: A renovated building with a Local Accommodation license, rated 9.4 on major portals, and a prime location in Faro’s historic district. Completely renovated in 2016, it combines traditional character with modern comfort, offering multiple uses. Main features: 6 spacious bedrooms 5 en-suite bedrooms Ground floor: 3 en-suite bedrooms, landscaped patio with barbecue, laundry room, and garage First floor: 1 en-suite bedroom, 1 master suite, and 1 additional room (bedroom or office), 2 independent roof terraces, and pantry Double-glazed windows, air conditioning in all bedrooms Solar-powered water heating system Satellite TV and Wi-Fi Active Local Accommodation License rated 9.3 on portals Unbeatable location: just steps from the marina, historic center, shops, and restaurants With perfect outdoor spaces for relaxing or socializing and a functional layout that allows for living and profitability at the same time, this property adapts to several strategiestourism investment, rental, or your own charming home. Premium location, proven profitability = guaranteed value Contact us for more information or to schedule a visit. #ref:KWPT-019238

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