Property in Lagos, Portugal

Fantastic opportunity, a very successful hotel complex with excellent occupancy rates consisting of 8 x T1 & 8 x T0 freehold apartments arranged over 2 floors with the first floor boasting sea views. All apartments have fitted kitchens, aircon and South facing terraces overlooking the Pool and gardens.

Set on a Large plot with beautiful gardens full of sub-tropical plants that has been maintained to the highest level, large pool and separate children's pool fed from a borehole, tennis court, BBQ area, outdoor jacuzzi, children's play area and large car park. 

There is currently an approved project to expand the business with permission to add a rooftop restaurant/bar and terrace to the existing building that will boast the most amazing sea views. The project also includes the addition of 21 extra units and 2 further pools.

Great location, within walking distance to the old town, Porto de Mos beach or the renowned Boavista golf course. 20 min to the West coast and less than an hour drive to Faro airport.

Rare opportunity to buy a very successful ongoing concern with a large scope for expansion and increased turnover.

Ref: PP3154

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  Commercial
  


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  Swimming pool
  


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  16 bedrooms
  


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  18 bathrooms
  


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  Air conditioning
  


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  Garden
  


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  Furnished
  


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  Heating
  


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  Parking
  


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  Terrace/Balcony
  


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  Covered dining area
  


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  Kids play area
  


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  BBQ
  


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  Features great views
  


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  Sea view
  


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  Morning sun
  


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  Evening sun
  


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  South facing
  


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  Near bars/restaurants
  


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  Near schools
  


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  Near shops
  


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  Near a golf course
  


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  Near the beach