Hotel 4* in the Region of Algarve for Sale with 80+ Rooms and Suites, Long-term Lease Agreement
Property type: hotel
Purchase of established rental business
Hotel category: 4*
Room and suite capacity: 80+
Location: the region of Algarve, Portugal
• within walking distance from the town centre and the beaches
Hotel operator: long-term lease agreement
well-known hotel operator is ready to sign a new long-term lease agreement with the new owner:
• with the possibility of a renewal option
• with indexation of yield linked to inflation
• with a bank guarantee
• hotel can also be purchased free of management (without execution of the agreement with the current Hotel operator)
Purchase price: 12,500,000 EUR
(+ closing costs)
Amenities and other defining features:
• cozy guest rooms with personal bathroom, satellite TV, air conditioning, safe
• restaurant, bars
• conference hall
• gym
• swimming pool
• SPA & Wellness centre
• games room
• underground car parking
• sun terrace
• 24-hour front desk
• concierge service
• laundry service
