€3,050,000

Apartment for sale Faro
Property photo number 1 of 16 Photos for Property. File  91659547_2252_c9ff13e37b680d09d001aaaddcfe14c9.jpeg

Overview

SUMMARY: Discover an opportunity with this Faro apartment for sale and available for €3,050,000. This could be your next ideal home or a smart investment. More details await.

INVESTMENT OPPORTUNITY IN FARO HOTEL IN THE CITY CENTER We present a rare opportunity for investors and hotel operators: a 30-suite hotel in the heart of Faro, with turnkey delivery scheduled for the second half of 2025. This building is in an advanced stage of renovation and will be delivered with work completed, ready to operate in one of the most attractive destinations in the Algarve. Key features: Total gross area: 908 sqm 30 suites spread over floors 1, 2 and 3 Floor 0 with commercial space of 227 sqm ideal for a restaurant and bar to support the hotel and the external public Premium location, surrounded by shops, restaurants and services, in the commercial and tourist heart of the city of Faro The investment includes the sale of the entire capital of the company that owns the property, allowing for a simple and structured transition to the new owner. A modern hotel solution in the urban center, with high potential for profitability and appreciation.

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Details

  • Beds: 30
  • Baths: 30
  • Price: €3,050,000
  • Reference No.: VGH1821
  • Area: 908 m2
  • Year Built: 2025

Amenities

  • Home
    • Air conditioning
    • Elevator
    • Central location
    • Terrace
    • Energy Certificate: in course

Location

Marketed by:

  • Greice Homes
  • (+351) 289 358 081
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Disclaimer

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