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March 24, 2024

Rural Hotel for Sale Near Monchique

🏨 21 Bedrooms | 21 Bathrooms

🔗 Listed on: Casa Sapo

📐 928 m² | 1498 €/m²
💸 1.390.000 €

✨ Highlights

  • Built in 1974
  • 10 minutes away from the center of Monchique
  • 80 km from Faro airport

📊 Performance

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

✍️ Description from the real estate agent

For Sale: Residential/Hotel in Caldas de Monchique with Thermal Pool located in Caldas de Monchique - AlgarveHotel unit composed of 3 floors distributed as follows:

  • Ground Floor - with reception, two bathrooms, a living room with fireplace,restaurant/dining room, two equipped kitchens, terrace, outdoor area with large private pool, storage rooms, and staff area with respective bathrooms.

On the 1st and 2nd floors, there are 21 rooms, all with private bathrooms, all with views of the surrounding nature. On the 1st floor, there is an apartment with 6 rooms reserved for the owner's residence, which can be converted into hotel rooms.

The top of the building is served by a magnificent terrace with stunning views over Portimão and the Monchique mountain range.It is sold fully equipped and furnished.

Nearby there are several restaurants, the center of Monchique is about 10 minutes away, and Faro Airport is 1 hour away.Facilities fully compliant with current legislation.

Total area: 1275.00m2Total living area: 928.70m2Implantation: 357.30m2Year of Construction: 1974Energy Certification letter CAsking Price: €1,390,000.00

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