Commercial/retail for sale

Overview

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.

Property ID: AlgarveHotel500RoomsLus

Price: €120,000,000

Property Size: 32444 m2

Land Area: 150000 m2

Bedrooms: 500+

Year Built: 2013

Property Type: Hotel

Property Status: For Sale