• Plot for sale in Faro 1
  • Plot for sale in Faro 2
  • Plot for sale in Faro 3
  • Plot for sale in Faro 4
Plot for sale in Faro 1
Plot for sale in Faro 2
Plot for sale in Faro 3
Plot for sale in Faro 4
Plots Plots in Faro (Sé)

Plot in

€120,000,000

Plot in

€120,000,000

Property Facts

Property Type
Plot
Number of Rooms
501
Number of Bedrooms
500
Number of Bathrooms
0
Surface Area
32444 m2
Own Plot Size
150000 m2
Construction Year
New Development

Description


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.

Features


Airconditioning
Alarm system
Community garden
Community parking
Community pool
Elevator
Furnished
Gym
Internet
Luxury
Near amenities
Pool
Reception
Sea view
Security surveillance
Walking distance to beach
Map

Features


Airconditioning
Alarm system
Community garden
Community parking
Community pool
Elevator
Furnished
Gym
Internet
Luxury
Near amenities
Pool
Reception
Sea view
Security surveillance
Walking distance to beach

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