Building For sale in Faro, Faro
FOR SALE INVESTMENT OPPORTUNITY IN FARO-HOTEL IN THE CENTER OF THE CITY OF FARO
2.980.000€
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Features
- Reference VGH1838
- Bedroom(s) 30
- Baths 30
- Plot Area 245
- Build Year 2025
- Garage No
- Pool No
Building For sale in Faro, Faro
INVESTMENT OPPORTUNITY IN FARO – HOTEL IN THE CITY CENTER
We present a rare opportunity for investors and hotel operators: a 30-suite hotel in the heart of Faro, with turnkey delivery scheduled for the second half of 2025.
This building is in an advanced stage of renovation and will be delivered with work completed, ready to operate in one of the most attractive destinations in the Algarve.
Key features:
▪️ Total gross area: 908 sqm
▪️ 30 suites spread over floors 1, 2 and 3
▪️ Floor 0 with commercial space of 227 sqm – ideal for a restaurant and bar to support the hotel and the external public
▪️ Premium location, surrounded by shops, restaurants and services, in the commercial and tourist heart of the city of Faro
The investment includes the sale of the entire capital of the company that owns the property, allowing for a simple and structured transition to the new owner.
A modern hotel solution in the urban center, with high potential for profitability and appreciation.
We present a rare opportunity for investors and hotel operators: a 30-suite hotel in the heart of Faro, with turnkey delivery scheduled for the second half of 2025.
This building is in an advanced stage of renovation and will be delivered with work completed, ready to operate in one of the most attractive destinations in the Algarve.
Key features:
▪️ Total gross area: 908 sqm
▪️ 30 suites spread over floors 1, 2 and 3
▪️ Floor 0 with commercial space of 227 sqm – ideal for a restaurant and bar to support the hotel and the external public
▪️ Premium location, surrounded by shops, restaurants and services, in the commercial and tourist heart of the city of Faro
The investment includes the sale of the entire capital of the company that owns the property, allowing for a simple and structured transition to the new owner.
A modern hotel solution in the urban center, with high potential for profitability and appreciation.
Property Features
- Built year: 2025
- Air conditioning
- Double glass
- Reception
- Balcony
- Terrace
- Lift
- Central location
- Energetic certification: In process
- Terrace
- Network water
- Municipal sewers