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Commercial property for sale

£2,189,565 (€2,500,000)

C026 Rare Apart Hotel Opportunity, Lagos, Algarve, Portugal

Interested in this property? Call +44 330 038 9877 * or Request Details

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Property features

  • Sea View
  • Close to Town
  • Close to Beach
  • Furnished
  • Communal Roof Terrace
  • Varanda(s)
  • Outdoor Parking
  • Communal Gardens
  • Residential Area
  • Equipped Kitchen

Property description

This well established 4 star apart hotel is ideally located in Lagos within only minutes from Porto de Mós beach. Apart hotel has an exceptional outdoor area that all apartment overlook this view out to the large swimming pool, kids pool, and hot tub.

This property consists of a total 16 apartments on two levels all have pool views and others have sea view. They are divided into 8 one bedroom apartments all equipped with a kitchenettes and an additional 8 studio apartments also with kitchenette.

The apartments on the ground floor have direct acces to the pool area and some of the apartments on the 1st floor boast having lovely sea view.

The apart-hotel has the following features: Welcoming guest reception, laundry room, staff changing quarters, outdoor prep covered breakfast area, lovely surrounding mature gardens. Large communal pool, children's plunge pool, covered jacuzzi, and a laze lounging corner.
Area also has an outdoor bbq, perfect area to entertain guests, and ample parking area for the tentants. Property also has the potential for expansion based on the current approved project.

This well working commercial property is fully functional, seasonal or year round opportuntiy. This Apart Hotel is a rare and unique local business, if your looking to own hotel busines than this is for you !

Further information is available upon request.
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For more information about this property, please contact
Elite Realty Algarve, 8600 on +44 330 038 9877 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Elite Realty Algarve, and do not constitute property particulars. Please contact Elite Realty Algarve for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.