Description
We present for sale this hotel under renovation, located in the heart of Faro, one of the most dynamic and sought-after cities in the Algarve.
The property consists of 30 fully renovated suites, spread over several floors, offering a ready-to-work product with high profitability potential. Each unit has a private bathroom, pre-installation of air conditioning and modern finishes, ensuring comfort and functionality.
Thanks to its strategic location, the hotel is just a few minutes from the marina, the old town, restaurants, public transport and Faro international airport, which makes it an excellent option for both tourist exploration and medium-term rental.
The recent refurbishment covered electrical infrastructures, plumbing and common areas, presenting the building in excellent condition and ready to operate.
Key features:
Fully refurbished property
30 suites equipped with private bathrooms
Central location in Faro
Potential for tourist exploitation or extended lease
Easy access to the marina, historic area and transport
This is an ideal investment for those looking for a profitable real estate asset in one of the most valued areas of the Algarve, with growing tourist demand and great prospects for appreciation.
Energy Rating: In progress
