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Hotel For Sale
Location: Portugal -> Tavira
Industry: Hotels and Holiday Accommodation > Hotels




Business Summary

Luxurious Hotel in Algarve - Portugal for sale. Sea and mountain views, near the beaches at 20 Kms away from the international airport of Faro. 40 bedrooms, deluxe and suites rooms ensuite in a old house from the XIX century reconverted into a luxurious hotel. Swiming pool, gardens, restaurant, marquee for wedding parties and conferences with capacity for 500 people.
With 50.000 m2 of land with diferent types of fruits trees, irrigatin system, fire detected system, gymnasium, ramps for disable guests terraces, 2,000 m2 of construction area in a plot of land, near the motorway A22 at 7 minutes, open at 5 years. A investement with a lots of potential. Asking price: 3.000.000 Euros(negotiable). Email or contact owner at + 351919961090 for more information on this Hotel business for sale.


Financials

Asking Price Range:  $10.0M - $20.0M
Gross Revenues:   $600,000
Cash Flow:   $300,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  Seller will provide.
Seller Financing:  Not Disclosed

About The Business

Year Established:  2001
Number of Employees:  4 - 5
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Reason For Selling:  Retirement of the owner.




Print Listing Id: 70039133
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Related Searches: Camping and Parks  >  Guest Houses, Bed and Breakfast  >  Holiday Resorts  >  Hotels  >  Motels  >  Other Hotels and Holiday Accommodation  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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