Hotel For Sale
Location Portugal
Asking Price Range $10.0M - $20.0M
Gross Revenues $600000
Net Profit / Cash Flow $300000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2001
Number of Employees 4 - 5
Inventory Seller will provide.
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Owned
Reason for Sale Retirement of the owner.
Description Luxurious Hotel in Algarve - Portugal for sale. Sea and mountain views, near the beaches at 20 Kms away from the international airport of Faro. 40 bedrooms, deluxe and suites rooms ensuite in a old house from the XIX century reconverted into a luxurious hotel. Swiming pool, gardens, restaurant, marquee for wedding parties and conferences with capacity for 500 people.
With 50.000 m2 of land with diferent types of fruits trees, irrigatin system, fire detected system, gymnasium, ramps for disable guests terraces, 2,000 m2 of construction area in a plot of land, near the motorway A22 at 7 minutes, open at 5 years. A investement with a lots of potential. Asking price: 3.000.000 Euros(negotiable). Email or contact owner at + 351919961090 for more information on this Hotel business for sale.
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