Investment – Hotel in Monchique

Investment – Hotel in Monchique
For Sale 1,800,000.00€ - Hotel
I1173   2500 m2   10000 m2 20 Bedrooms 20 WC

Hotel, restaurants, villa & associated buildings

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. 11174 & 11175

Hotel:

  • 2.500 m2 of construction
  • 10.000 m2 of land
  • Overlooks the village of Monchique and has spectacular views to the coast
  • Reception and back office
  • 16 bedrooms (12 rooms & 4 mini-suites)
  • Possibility to add another 14 rooms
  • All rooms have sea view, air conditioning, Internet & TV connections
  • Guest lounge with TV, fireplace, store room and stairs to pool terrace
  • Inside restaurant with bar and guest toilets
  • 2nd inside function room / restaurant with fireplace & dance floor
  • Outside terrace restaurant
  • Stage and entertainment area with old well and outside bar with store below
  • Large parking area
  • Beautiful gardens with camellias, piri-ptri plants and chestnut trees
  • Magnificent pool area with terrace and spectacular coast views
  • Pool pump house, store room and toilets & showers
  • Large kitchen fitted in stainless steel
  • Additional room
  • Laundry with staff toilets
  • Gas hot water system
  • All furniture and equipment included
  • Construction in Monchlque granite

Agent Elly van Hulst

Contact

Similar Properties

About Elly

Since 1997 Elly is the director of Elly van Hulst Real Estate, Lda. She is Government licensed [AMI no. 6392] and a member of APEMIP [Association of Professional Real Estate agents in Portugal, no. 3076].

What did Elly before?

Elly competed for almost 20 years as a world class athlete (runner) in competitions all over the world. She competed in the Olympic Games of Los Angeles (’84) and Seoul (’88) as well as in several World and European Championships.

She held the world record 3000m indoor 12 years (1989-2001), was 2 times World Champion and 3 times European Champion and holder of more than 70 Dutch titles. See with this link on Dutch TV Elly running her World Record and becoming World Champion in Budapest 1989. Since 1980 she went for warm weather training to Portugal several times each year. During those stages she fell in love with the people and areas in Portugal and decided after ending her running career to start her own business.

Contacts

AMI Nº 6392 APEMIP Nº 3076

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