Hotel For Sale

Listing ID: 70039133

Listing Title: Hotel For Sale

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Industry: Hotels and Holiday Accommodation

Industry Segment: Hotels

Country: Portugal

State / Province:


City: Tavira

Asking Price Range: $10.0M - $20.0M

Gross Revenues: $600,000

Cash Flow: $300,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2001

Number of Employees: 4 - 5

Business Description:
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.

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