The Algarve Property Specialists
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Business opportunity: Family Boutique Hotel near Beach with Sea views, Albufeira

Hotel in Albufeira

ref. PMR262
4.500.000€
  • NA
  • 41
  • 41
  • 4.000m2

Bed & Breakfast with a good reputation ran by the same family for many years, overlooking Albufeira Bay and located within walking distance to beaches, shops, bars and restaurants.

Usage
Residential
Type
Hotel
Town
Albufeira
Parish
Albufeira e Olhos de Água
Municipality
Albufeira, Faro
Region
Algarve (Central)
Bedrooms
41
Bathrooms
41
Plot Area
4.000 m²
Swimming Pool
Sea View
• 41 Bedrooms and corresponding number of Bathrooms
• Plot Size 4 000m²
• Walking distance to the beach
• Bed and Breakfast with infrastructure and clientele
• Own Bar and Restaurant

Entering the property, you get to a cosy lounge and reception desk. The hotel offers 41 rooms to accommodate guests: 32 twin rooms, 2 single rooms, 6 family rooms and 1 studio. All rooms have private bathrooms and basic furniture. In addition, there is an office, staff apartment and laundry.

The property has its own bar that seats 80 people and is equipped with two restrooms and satellite TV. plus a restaurant that can accommodate up to 45 people.
There is a pool with spacious sunny terraces giving stunning views to the ocean and a nice garden with mature plants.

Amenities

• The hotel is currently closed
• Great potential
• Could be easily refurbished or altered

Location

• 500m to the beach
• 9 min walking to the Old Town of Albufeira center
• 2.7 km to Marina de Albufeira
• 42 km to Faro international airport