For Sale   >   Portugal Flag  Portugal   >  Faro  >  Albufeira
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  • €3,500,000
    •
    CHECK IF AVAILABLE
    CHECK IF AVAILABLE
  • Business  9+ bedrooms
  • For Sale 
  • Albufeira
  • portugal Flag Portugal
Built in 1974, this 48 apartments building
was an aparhotel for more than 30 years.
24 one bedroom apartments, 12 studios and 12 two bedroom apartments.
At the moment is explored as budget friendly
long term rentals, mainly for imigrants and
workers and has full occupation.
The location is 10 minutes away from the
beach and centre.
It has a great potencial for long term rentals
or other businesses such as a youth hostel
or a specialized budget friendly assisted life
for seniors.
The apartments are all furnished and with
good conditions.
The common areas are large, there`s a bar,
reception, office and professional area.
There can be added new businesses such
as hairdresser, massage therapist or others.
It has already a competent management
team that can provide their services and
support.
Built in 1974, this 48 apartments building
was an aparhotel for more than 30 years.
24 one bedroom apartments, 12 studios and 12 two bedroom apartments.
At the moment is explored as budget friendly
long term rentals, mainly for imigrants and
workers and has full occupation.
The location is 10 minutes away from the
beach and cen...
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CHECK IF AVAILABLE
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