For Sale   >   Portugal Flag  Portugal

€50,000,000  Business Algarve

  • €50,000,000
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  • Business
  • For Sale 
  • Algarve
  • portugal Flag Portugal
AS A BUSINESS FACILITATOR,MY COMPANY HI-MANAGEMENT, HAS THE EXCLUSIVE RIGHTS AS AN AGENT OF THIS FABULOUS ARE NOW LOOKING FOR AN INVESTOR.
FOLLOWS A SHORT DESCRIPTION OF THE HOTEL:
1- Location
Armação de Pera is a sea resort in Algarve (Portugal) and one of the most
popular tourist destinations in International airport of Faro is
54 km Algarve has been a magnet to most discerning golfers for
many is famous for its spectacular scenery along a fabulous coast
line and features about thirty challenging,mostly picturesque,golf courses.
According to to Portuguese Tourist Office,Algarve receives 44 % of all overnights
in Portugal and registers a continuous increase in demand.
2- The Hotel
The hotel is situated on a 29.000 sqm plot,approx. 200 meters from the sandy
beach of Armação de hotel has not been fully completed for operation
yet,whilst the general construction has been finished,most parts of the public
areas (lobby,restaurants,bars)and the back of the house need to be decorated
and furnished (with the exception of the guest rooms which are fully furnished).
Approx 7000 sqm of the plot are occupied by a shopping center,still under construction (this area could alternatively be turned into additional leisure or
meeting facilities).
The building is formed by two blocks with 9 floors each,interlinked at the two
naves by a central building with four floors,where the main entrance and public
areas are finishing is of high quality (granite,wood panels,american
oak)and give to the entire project a very elegant ambience.
3-Summary of the guest rooms,restaurants/bars and other facilities.
-465 regular guest rooms
-38 suites (mostly two bays)
-14 rooms for handicapped
-1 dining room with ca. 500 sqm
-1 dining room with ca. 350 sqm
-1 lobby bar
-1 pool bar
-1 meeting room with ca 190 sqm
-Underground garage for 140 cars
-2 outdoors pools
-1 tennis court
-Possibility to construct an indoor pool
4-Operation of the hotel
We have identified a potential operator who has gained significant experience
in operating hotels in operator would be willing to take equity in
the project,should the investor wish this.
5-Selling price and further information.
As exclusive agent,we can offer on behalf of the owner,the price of 50 million euros for all the you are interested in this project ,just contact me.

With my best regards
Ambassador (ret) Manuel Barreiros
Mobile – 00 351 937284979




AS A BUSINESS FACILITATOR,MY COMPANY HI-MANAGEMENT, HAS THE EXCLUSIVE RIGHTS AS AN AGENT OF THIS FABULOUS ARE NOW LOOKING FOR AN INVESTOR.  FOLLOWS A SHORT DESCRIPTION OF THE HOTEL:  1- Location  Armação de Pera is a sea resort in Algarve (Portugal) and one of the most  popular tourist destinations in Int...
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regional map algarve
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