£1,007,737

Hotel for sale

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£1,007,737

€1,200,000

Hotel for sale

Carvoeiro, Lagoa E Carvoeiro, Algarve

4 beds

Local area information

Property location

Nearby amenities

Features and description

  • 4 bedrooms
  • Air conditioning
  • Condition: Good condition
  • 4 bathrooms
  • Sea views
A unique opportunity to own a piece of paradise with this stunning, fully renovated 2-story apartment building, located just 30 metres from Carvoeiro beach and the charming village centre.

This property, once the village's first hotel in the 1920s, boasts a rich history and has had a complete transformation. It's now a stunning two-story building of 188.76m², offering four fully equipped studio apartments, meticulously designed for tourist rentals, and due to it' s central location, providing easy access to the beach and all the village amenities, making it an ideal spot for tourists. A fantastic business opportunity to generate rental income.

The studios are fully furnished and are equipped with modern amenities for a comfortable stay, tailor-made for tourism:
* Four self-contained studios, each with large double bed, comfortable sofa bed and en-suite shower rooms.
* Open-plan living area with dining space and kitchenette fitted with fridge, microwave, coffee machine, kettle and other essentials, * Fully furnished in a bohemian beach style, creating a relaxing and inviting atmosphere for guests.
* First-floor 2 studios offering stunning sea views.
* Ground-floor 2 studios feature spacious terraces, perfect for al fresco dining with a lovely glass of wine.

Modern comforts and security:
* Independent air conditioning units in each studio.
* Electric water boilers for convenient hot water access.
* Double-glazed windows for soundproofing and insulation.
* Flat-screen TVs and Wi-Fi throughout.
* CCTV security system and a lockable front entrance gate.

Prime location in the heart of Carvoeiro:
* Ideally situated just 30 metres from Carvoeiro beach and the charming town centre with its vibrant amenities.
* Close proximity only 5-15 min drive from international supermarkets, Carvoeiro Tennis & Fitness Club, championship golf courses such as Gramacho & Vale de Pinta and international schools (Algarve Nobel school and German school)
* Easy access to a variety of incredible and renowned beaches like Benagil, Praia da Marinha, and more.
* Faro International Airport is just a 40-45 minute drive away.

This unique turnkey property is a must-see for anyone seeking a lucrative investment in a stunning Algarve location.

Don't miss out on this fantastic opportunity!

Contact us today for further information and to schedule a visit. Online virtual viewings are also available.

Ref: VC699

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