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Business opportunity (For sale)
349,224 sqft
lot 1,614,587 sqft
Reference:
HWHB-T10155
/ algarvehotel500roomslus
Welcome to a premier investment opportunity in the sun-kissed paradise of the Algarve a distinguished 4-star hotel, meticulously crafted in 2013, boasting over 500 rooms and a track record of exceptional performance. With its enviable location, robust financials, and turnkey operation, this hotel represents the epitome of luxury hospitality in one of Portugal's most coveted destinations. Strategically positioned in the heart of the Algarve, renowned for its golden beaches, azure waters, and year-round sunshine, this hotel offers an unparalleled setting for guests seeking a memorable escape. Whether lounging by the pool, exploring the nearby attractions, or indulging in world-class cuisine, every moment is infused with the essence of coastal elegance and relaxation. Operating 220 days a year with an impressive occupancy rate of 81.56% and an average daily rate (ADR) of 146.21 EUR, this hotel stands as a testament to its enduring popularity and appeal. With a proven track record of success, investors can rest assured of a stable and lucrative income stream, bolstered by over 12 million EUR in annual revenue. Furthermore, this investment opportunity offers the rare advantage of a freehold property with no capital expenditure required, ensuring a seamless transition for prospective owners. Sold with an established operator in place, investors can leverage the expertise and reputation of a trusted brand, minimizing risk and maximizing returns. Priced at 120,000,000 EUR with a guaranteed 5% return on investment (ROI), this offering presents an enticing proposition for savvy investors seeking both financial security and long-term growth potential. Whether adding to an existing portfolio or embarking on a new venture in the hospitality sector, this hotel promises to deliver unparalleled value and prosperity. Don't miss your chance to own a piece of the Algarve's thriving hospitality industry seize this opportunity to acquire a distinguished 4-star hotel with over 500 rooms, a proven track record of success, and boundless potential for the future.
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Welcome to a premier investment opportunity in the sun-kissed paradise of the Algarve a distinguished 4-star hotel, meticulously crafted in 2013, boasting over 500 rooms and a track record of exceptional performance. With its enviable location, robust financials, and turnkey operation, this hotel represents the epitome of luxury hospitality in one of Portugal's most coveted destinations. Strategically positioned in the heart of the Algarve, renowned for its golden beaches, azure waters, and year-round sunshine, this hotel offers an unparalleled setting for guests seeking a memorable escape. Whether lounging by the pool, exploring the nearby attractions, or indulging in world-class cuisine, every moment is infused with the essence of coastal elegance and relaxation. Operating 220 days a year with an impressive occupancy rate of 81.56% and an average daily rate (ADR) of 146.21 EUR, this hotel stands as a testament to its enduring popularity and appeal. With a proven track record of success, investors can rest assured of a stable and lucrative income stream, bolstered by over 12 million EUR in annual revenue. Furthermore, this investment opportunity offers the rare advantage of a freehold property with no capital expenditure required, ensuring a seamless transition for prospective owners. Sold with an established operator in place, investors can leverage the expertise and reputation of a trusted brand, minimizing risk and maximizing returns. Priced at 120,000,000 EUR with a guaranteed 5% return on investment (ROI), this offering presents an enticing proposition for savvy investors seeking both financial security and long-term growth potential. Whether adding to an existing portfolio or embarking on a new venture in the hospitality sector, this hotel promises to deliver unparalleled value and prosperity. Don't miss your chance to own a piece of the Algarve's thriving hospitality industry seize this opportunity to acquire a distinguished 4-star hotel with over 500 rooms, a proven track record of success, and boundless potential for the future.
Reference:
HWHB-T10155
Country:
PT
Region:
Faro
Category:
Commercial
Listing type:
For sale
Property type:
Business opportunity
Property subtype:
Bar, Hotel, Restaurant
Luxury:
Yes
Property size:
349,224 sqft
Lot size:
1,614,587 sqft
Furnished:
Yes
Parkings:
1
Elevator:
Yes
Alarm:
Yes
Swimming pool:
Yes
Air-conditioning:
Yes
Reception hall:
Yes
Internet access:
Yes
Television:
Yes
AVERAGE HOME VALUES IN SÃO PEDRO
REAL ESTATE PRICE PER SQFT IN NEARBY CITIES
| City |
Avg price per sqft house |
Avg price per sqft apartment |
|---|---|---|
| Faro | USD 381 | USD 392 |
| Estoi | USD 386 | - |
| Olhão | USD 324 | USD 364 |
| Olhão | USD 322 | USD 329 |
| Moncarapacho | USD 374 | - |
| São Brás de Alportel | USD 289 | USD 251 |
| São Brás de Alportel | USD 277 | USD 241 |
| Quarteira | USD 527 | USD 500 |
| Fuseta | USD 338 | - |
| Luz | USD 295 | - |
| Boliqueime | USD 375 | - |
| Faro | USD 356 | USD 398 |
| Albufeira | USD 437 | USD 405 |
| Albufeira | USD 407 | USD 394 |
| Cabanas de Tavira | USD 345 | USD 425 |
| Guia | USD 453 | - |
| Algoz | USD 284 | - |
| Vila Nova de Cacela | USD 358 | USD 457 |