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Popular hotel with approved expansion for sale

In Atalaia, Lagos

algarve property for sale,investment,business opportunity,hotel,luxury,Lagos

  • 429 m2
2.850.000 €

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Popular hotel with approved expansion for sale

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Popular hotel with approved expansion for sale

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Popular hotel with approved expansion for sale

Property Details

  • Reference IDH30546
  • Type Commercial property
  • Certification B
  • Bedroom(s) -
  • Bathroom(s) -
  • House area 429 m2
  • Land area 12000 m2
  • Zone Atalaia
  • City Lagos
  • Region Faro

Description

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Commercial property for sale in Atalaia

Completed in 2009, this lovely hotel in Atalaia is composed of a total of 16 apartments, reception area, communal pools and tennis court. Each apartment is tastefully decorated with a good standard of furniture for holiday lets, each complete with its own fitted kitchen and air-conditioning throughout.

The complex comprises 8 one-bedroom apartments (40m2) and 8 studios (26m2). Every apartment has nice views overlooking the pool area and towards the countryside. Some additional communal extras include outdoor BBQ area, covered terraces, bar area, children’s playground and pool. The apartments on the first floor also have wonderful views of the sea and Porto do Mos beach.

There is also an adjoining plot which offers the potential to expand the hotel to a total capacity of 37 rooms.

The resort is in a prime location to attract tourists, there are beaches within 2km, golf 3km, horse riding, diving spots and hiking/cycling trails nearby. Additional services that the hotel currently operates are room service, breakfasts, laundry, ironing, free wi-fi, free parking, massages, local food delivery menus and car hire.

Closest landmarks:
-Boavista Golf Course 0.9 km
-Lagos Live Science Center 2.3 km
-Church of Saint Anthony 2.3 km
-Santa Maria Church 2.4 km
-Statue of Henry the Navigator 2.4 km
-Dona Ana Beach 2.4 km
-Lagos Castle 2.4 km
-Lagos Marina 2.5 km
-Fortress of Ponta da Bandeira 2.5 km

Most popular landmarks:
-Meia Praia Beach Lagos 2.9 km
-Alvor Beach 9.3 km
-Santo António Golf Course 12.9 km
-Algarve International Circuit 16.3 km


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  • Air conditioning
  • Heating
  • Open Plan Living/Dining
  • Integrated Appliances
  • Double Glazed Windows
  • Fitted Kitchen
  • Jacuzzi Bath
  • Communal Pool
  • Tennis Court
  • Landscaped Gardens
  • Surrounding View
  • Automatic Irrigation System
  • Water Features
  • Built year: 2009
  • Private condominium
  • Central location
  • Popular Resort
  • Closed Condominium
  • Walk to Amenities
  • Near Markets
  • Walk to beach
  • Wheelchair Access
  • Transferable Business License
  • Contemporary Architecture
  • Near Golf Course
  • Near Shopping
  • Terrace
  • Private Parking

Advantages of Buying & Living in Portugal

Buying 

Ideal Homes Mortgage Department provides free brokerage consulting and can help you arrange up to 80% financing for your property purchase, at competitive rates. Depending on your circumstances you may also qualify for new residency and tax incentives, learn more here

 

Living 

 1. Over 300 days of sunshine per year
 2. International airport with cheap & easy flights to the UK & Ireland - Over 90 a day in high season
 3. High quality construction and best rising property values in Europe  
 4. Option to enjoy a holiday home and have rental returns as high as 14%
 5. Great residency programs and tax advantages
 6. Beautiful beaches and islands 
 7. Fabulous cuisine, with one of the world's largest selections of wine and seafood  
 8. Award winning golf courses, watersports and a never ending list of activities 
 9. Low cost of living with fantastic quality of life and rich culture 
10. One of the world's safest places to live

 

More Info... 

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