Villa Complex 4* in the Region of Algarve for Sale, Long-term Lease Agreement
Property type: villa complex
Purchase of established rental business
Category: 4*
Number of villas: 35+
Total land area: ca. 200,000 m2
Location: the region of Algarve, Portugal
• popular resort in Algarve, not far from the beach
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
• villa complex can also be purchased free of management (without execution of the agreement with the current Hotel operator)
Purchase price: 28,000,000 EUR
(+ closing costs)
Amenities and other defining features:
• restaurants
• shops
• bar
• outdoor swimming pools
• sun terraces
• golf course
• sports equipment rental and storage
• games room
• conference facilities
• on-site car parking
