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Type Investment Hotel
Ref I1173
Country - Region Portugal - Algarve
District - Area Faro - Monchique
Location Monchique
Price: 1.800.000,00 €

Hotel, restaurant, pub & apartment

 

A magnificent opportunity exists for an investor or investors to own or to be part of this complex and other major projects in the area of Monchique.

 

The projects and areas of land are set in the highest and most beautiful part of the Algarve with spectacular panoramic views to the south west and west coasts.

 

Please also see Refs. I1174 & I1175

 

Hotel:

v       2.500 m² of construction

v       10.000 m² of land

v       Overlooks the village of Monchique and has spectacular views to the coast

v       Reception and back office

v       16 bedrooms [12 rooms & 4 mini-suites]

v       Possibility to add another 14 rooms

v       All rooms have sea view, air conditioning, internet & TV connections

v       Guest lounge with TV, fireplace, store room and stairs to pool terrace

v       Inside restaurant with bar and guest toilets

v       2nd inside function room / restaurant with fireplace & dance floor

v       Outside terrace restaurant

v       Stage and entertainment area with old well and outside bar with store below

v       Large parking area

v       Beautiful gardens with camellias, piri-piri plants and chestnut trees

v       Magnificent pool area with terrace and spectacular coast views

v       Pool pump house, store room  and toilets & showers

v       Large kitchen fitted in stainless steel

v       Additional room

v       Laundry with staff toilets

v       Gas hot water system

v       All furniture and equipment included

v       Construction in Monchique granite

Owner’s aptm:

v       Can be incorporated back into the hotel to add extra rooms

v       Spacious long office / living-dining room

v       Living room with private bar and wood burning stove

v       Kitchen

v       3 bathrooms

v       Bedroom and additional room, fireplace

v       Upstairs bedroom with second bedroom [could make en-suite bathroom]

Pub:

v       Below the owner’s villa

v       Terrace

v       Large inside area with store room & toilets

v       Store room below

 
Click to enlarge
Land m2 10.000
Building m2 2500
Bedrooms 19
Living Room 6
Bathrooms 19
Garden Yes
Swimming Pool Yes


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Elly Van Hulst Real Estate, Lda.
São Brás de Alportel

Phone (00 351) 289 842 992
Mobile (00 351) 919 843 978

AMI Nº 6392 APEMIP Nº 3076

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