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Hotel undergoing renovation - Faro

Discover the unique opportunity to acquire a used hotel for sale, perfectly situated in the heart of Faro, Portugal. This shopping establishment is located near downtown and offers easy access to landmarks and essential services, such as the marina, historic area.

With a total of 30 rooms and 30 bathrooms, this corner hotel stands out for its space of 908 square meters, ideal for welcoming guests looking for comfort and convenience. A wide range of amenities is available, including an elevator, air conditioning, airy balconies and common areas, making this property a true city getaway.

In addition to its attractive brick and concrete exterior, and secluded to ensure tranquility, the hotel offers elegant interiors. The renovated bathrooms add a modern touch to the spacious rooms, which can be furnished to the new owner's taste. This property is currently being renovated, ensuring first-class quality in all its facilities.

Located downtown, this property is located in an accessible traffic area, and is also close to public transport, shops, public parks and the highway, which facilitates mobility and increases appeal among guests and investors.

This hotel is the perfect choice to expand your portfolio in the commercial real estate market, taking advantage of Faro's growing popularity as a tourist and cultural destination.

Don't miss out on this investment opportunity in the Algarve's vibrant urban scene.

Property Features


  • Air conditioning
  • City View
  • Balcony
  • Lift
  • Central location
  • Energetic certification: In process
  • Airport: 15m

Location


Apartment - Sao Pedro, Faro, for sale

Sale price
2 980 000 €

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Ref: LP 554

  • 30
  • 30
  • 908 m2
  • 908 m2
  • 245 m2
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Pedro Henriques

Pedro Henriques

Mobile: +351 911 701 515

(Call to national mobile network)

Email: pedro@lusitaniaproperties.pt

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Ref: LP 554