Hotel Investment Opportunity close to beach

Building for a Hotel in a unique and privileged location on the Algarve coast. Just a few meters from the beach, this property has stunning views of the sea and the surrounding landscape. The property has about 5.720 m2 of land, where the hotel building is situated, as well as an outdoor swimming pool and a tennis court. The hotel building has excellent solar orientation (predominantly south-facing) and has about 2,300 m2 of construction area distributed over four floors. The main entrance to the building is on the first floor, with the large entrance hall and reception, 2 rooms/offices and 11 bedrooms, all with a private bathroom and balcony. On the second floor there are 11 more bedrooms, all with private bathrooms and balconies with sea view. Through this floor you have access to a roof terrace with a magnificent panoramic sea view. The ground floor -1 (in semi-basement) is composed of a large hall for restaurant, bathrooms, kitchen and support areas, changing rooms and bathrooms for staff, and also 3 rooms/spaces for offices. The restaurant area benefits from direct access to the outdoor swimming pool and surrounding area. Finally, the -2 floor (in the basement) is a SPA, with a large indoor pool, jacuzzi, sauna, Turkish bath, changing rooms, bathrooms and a large space for a gym. Additionally, we also find several technical and storage areas. Unique opportunity to acquire and develop a hotel in a privileged location near the beach. For more information or to schedule a visit don't hesitate to contact us!