Description
We are delighted to present this outstanding investment opportunity in Vila Nova de Cacela, a highly desirable location in the heart of the Algarve that continues to grow in demand and value. This remarkable building, formerly known as the Zodiaco Inn, combines distinctive character with extraordinary potential, making it an unmissable option for those wishing to invest in the residential, tourist or mixed-use sectors.
Comprising four floors and a total gross area of approximately 750 m², the property is currently vacant and ready to be transformed by a new project. The ground floor includes a fully equipped restaurant space, perfectly suited to support a future boutique hotel, serviced apartments, or even a new and exclusive gastronomic concept.
The upper floors are distributed as follows: three spacious and functional two-bedroom apartments, five one-bedroom apartments ideal for holiday rentals or long-term leases, and one large three-bedroom apartment with excellent potential to be converted into a luxury suite, penthouse, or premium unit.
In addition to the residential areas, the property also includes two commercial units, several storage rooms and a laundry facility, all of which provide essential versatility and logistical support for professional exploitation of the building. The legalisation process of the third floor is already underway, ensuring full compliance and further enhancing the long-term value of the development.
Another key advantage is the inclusion of a garage and several parking spaces, a highly sought-after feature in the region, ensuring convenience for both residents and guests alike. Situated just ten minutes from some of the Algarve's most breathtaking beaches, this property represents the perfect balance between strategic location, investment potential and solid construction quality.
Whether your vision is to transform it into a boutique hotel, guesthouse, serviced tourist apartments, or to redevelop and sell individual units, this building offers every condition to become a highly profitable and successful project.
We provide full support throughout the entire process, from financing solutions to legal assistance, ensuring a secure and seamless acquisition.
Do not miss this rare opportunity on the market. Contact us today to arrange a viewing of this exceptional building in Vila Nova de Cacela, where authentic Algarve living meets intelligent investment.
Energy Rating: D