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Engel & Völkers Albufeira

+351 289 572 450

W-02HU56 – This is the Engel & Völkers property ID, your agent might ask for it.

Cristina Santos

Luis Palma Santos Lda.

Licence partner of Engel & Völkers Residential GmbH

Website
Engel & Völkers ID : W-02HU56
Pêra, Faro District, Portugal

Excellent opportunity for B&B

Price
€1,275,000

Bedrooms26
Bathrooms20
Living area621 m²
Plot surface4,462 m²

Amenities and special features of this house

Excellent property to invest given the construction area, the possibility of alteration and expansion, and the excellent location with good access. The building is set in a plot of 4.462 sqm, with a construction area of 971sqm and a deployment area of 971sqm, and it develops mainly on the ground floor. The building functioned for several years as a prestigious 26-room inn. It presents a layout with numerous possibilities, consisting of a hall and reception, office, restaurant, bar, staff canteen and a laundry room. At this moment, the building needs renovation works, and there may be a possibility of extending the total construction area up to 3.123sqm, as well as an eventual expansion of the second floor. Given its location, there are several investment opportunities. As a property for investment, a barter analysis is considered. More information will be provided on request.
Object type

Terraced House

Rooms

27

Bedrooms

26

Bathrooms

20

Living area

621 m²

Total surface

971 m²

Plot surface

4,462 m²

Condition

Needs Rehabilitation

Year of construction

1960

Energy certificate available

No

Pêra: Location and surroundings of this property

Building located in a privileged area in the central Algarve, with excellent accesses and in close proximity to the most famous beaches in the Algarve, as well as numerous services and amenities. Easy access to the A22 motorway and approximately 30 minutes’ drive to Faro International Airport. Approximately 2h30 to Lisbon by the A2 motorway and Lisbon International Airport (exit nr. 5 from A2 to A12). Only 10 minutes from the Water Themed Park “Zoomarine Albufeira”. Approximately 20 minutes’ drive to Hospital Privado in Albufeira.

Get personal advice

engel & völkers shop image
Engel & Völkers
Albufeira

Estrada de Vale Rabelho, 8200-428, Guia Albufeira

+351 289 572 450

Engel & Völkers
Albufeira

Estrada de Vale Rabelho, Guia Albufeira, 8200-428

W-02HU56 – This is the Engel & Völkers property ID.
Cristina Santos
Luis Palma Santos Lda.
Licence partner of Engel & Völkers Residential GmbH
Website

Commission Details

Availability upon agreement. This material is based upon information which we consider reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete and it should not be relied upon as such. This offering is subject to errors, omissions, change of price or withdrawal without notice. Taxes, notary and registry fees must be paid by purchaser, the commission by the seller as stipulated by Portuguese regulations.


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+49 40 36 13 12 22

Vancouverstraße 2a

20457 Hamburg, Germany



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