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August 14, 2024

Rural Hotel for Sale Near Tavira

🏨 47 Bedrooms | 47 Bathrooms

🔗 Listed on: idealista

📐4300m² | 1047€/m²
💸 4.500.000 €

✨ Highlights

  • 4300 m² built
  • Just a few kilometres from Tavira
  • 33 roomed wheelchair friendly hotel

📊 Performance

The hotel didn't provide the performance data (ADR, Occupancy Rate, etc.)

✍️ Description from the real estate agent

An incredible investment opportunity in the Algarve, located just a few kilometers from Tavira in the heart of the picturesque countryside. This exceptional property is perfect for a hotel development.

The property features a 33-room, wheelchair-accessible hotel, along with 6 one-bedroom cottages, 8 staff rooms, a spacious restaurant, a function hall, and a spa.

With 90% of the hotel already completed, it is ready for finishing touches and could serve as either a hotel or an elderly care home.

The site spans 4,300m² of built area on a 52,000m² plot, with additional permission to expand by 1,000m².

Energy Rating: In progress.

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