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Rustic Hotel set on a rural area for sale in the central Algarve, about 20km from the airport. The property consists of 22 rooms spread over 2 floors, set in a land with a total area of 1.960m2 with a share of about 43.000m2 rustic part.
The property offers a total gross building area of 1.390m2 and the deployment of 750m2. In the case of a building from 1870, it was completely restored in 2003. The ground floor comprises entrance hall, hall, hall, lounge, bar, kitchen, 5 bedrooms, 5 toilets and office with private toilet . The 1st floor consists of 13 suites and common circulation area. The 2nd floor has 4 bedrooms and also circulation area.
Outisde the main building there is a pool and some adjacent buildings and several equipments. The Hotel need improvement works. There is a possibility of an optional programme of guaranteed rental income per annum.
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The information here presented is merely informative, without contractual obligation, and is subject to update. Only will be provided more details after duly identification of the persons involved, and may be required a letter of purchase intention, identifying buyers and conditions of purchase. Safety and good advising are key factors for your investment
Viewing is highly recommended.