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Sell: Hotel

Hotel/Residencial - Faro, Faro, Faro (Algarve) - Imagem grande

Property details

  • District
    Faro (Algarve)
  • County
    Faro
  • Locality
    Faro
  • Area
    908 m²
  • Plot area
    245 m²
  • Price
    2.980.000 €
  • Energy Rating
    Avaliação e
  • Property code
    3601548

Description

This building, located next to downtown Faro, is a hotel in the process of total refurbishment, currently consisting of 30 rooms, spread over 4 floors; ground floor and three floors lift.

Located right in the centre of the city, it offers an excellent location within walking distance of the Historical, Commercial and Marina area, with all amenities and accessibility close by.

Distribution of floors:
- 1st, 2nd and 3rd floors: They have 10 suites per floor (total of 30 suites), currently in the final phase of renovation. Some of these suites have large balconies with unobstructed views.
- Ground floor: Possibility of creating commercial spaces, with a total area of 227m².

General characteristics:
The building has 4 floors, adding up to a total of 30 rooms with private bathrooms. It is being completely remodelled and modernised, with the works expected to be completed in early 2025.

Extra:
The acquisition of this hotel also includes the company associated with the project.

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