Description
Hotel Apartments for Sale in Albufeira, Algarve
4 star Hotel in the Center area of Albufeira.
It consists of 396 flats of typologies 0 Bed, 1 Bed, 2 Bed and 2 Bed Duplex, distributed by 8 floors.
The value of the €33M includes:
- Studio Apartaments - 24
- 1 Bedroom Apartments - 15
- 2 Bedroom Apartments - 3
- Total: 42 (€7,865,000)
- Car Parking: 44 (€870,000)
- Hotel Support Areas: 19 (€18.875.000)
- Hotel Operation: €6.000.000
Total: €33.610.000
About the flats already sold, the Hotel has the preference right to Buy it in case of a sale of an Owner
(Each Apartment Owner has 4% Yield).
Many spaces of the Hotel are leased and being operated by other companies.
Total area: 47,054 sqm
Covered area: 6,382 sqm
Uncovered area: 40,672 sqm
Total Flats: 559
Total flats: 396
Total Parking Spaces: 112
Support Areas: 19
Shops: 17
Operators and Staff Offices: 15
For further information, please contact us.
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Any doubt, just call us.
NOTE: We make partnership and sharing with all professional real estate agents.
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ABOUT LT REAL ESTATE
LT Real Estate was founded by Marisa Guedes and Bruno Queiros, with the goal of being a reference brand in the Premium/Luxury Housing Market and in the Investment area.
The exclusivity, speed and quality of service to its customers are the most important pillars of the brand.
At LT we are focused on the attention given to each client, with the goal that their experience is unique and unforgettable.
ltrealestate.pt/en-gb/properties
Energy Rating: B
