Amazing opportunity to purchase this complex of 18 double bedrooms, lobby, reception, dining area, laundry and commercial kitchen.
Amazing opportunity to purchase this complex of 18 double bedrooms, lobby, reception, dining area, laundry and commercial kitchen. An excellent location with magnificent views, just 400 metres from the Porto do Mos beach. The hotel has 4 floors, the ground floor being of a greater ceiling height.The hotel is not currently trading and in need of some renovation.There are a number of options in place with permission to increase the number of rooms, or change the format in any of the following ways: Apart-Hotel with individual self-contained apartments: 23 Self Contained Apartments for re-sale or hotel use (2 and 3-bedroom units) Expansion of Hotel: To add a 2nd floor and create 9 extra rooms within the existing imprint. Expansion of Hotel: To develop the current building via the East and West wing, and create approx. 50 Hotel Rooms. This is an amazing investment opportunity with lots of scope for improvement and expansion.
- 18 Double bedroom hotel with license