Tourist complex situated only 20 metres from the Beach in the centre of a popular upmarket resort in the Western Algarve, close to all Restaurants, Cafes, Bars and Shops
This business has a good rental record with a high level of repeat clients, which reflects its position
The complex has two separate buildings on two adjacent plots, and comprises of...
5 x T0 Apartments (Studios)
5 x T1 Apartments (1 Bed Apartments)
8 x T2 Apartments (2 Bed Apartments)
2 x T3 Apartments (3 Bed Apartments)
2 x T5 (5 Bed Townhouses)
In addition there is a good sized secluded private Pool with surrounding terrace, a Poolside Bar, 3 Offices, a Laundry, as well as an area with permission for the development of a restaurant / commercial unit.
This unrivalled location offers many profitable opportunities, such as...
REFURBISHMENT OF EXISTING BUSINESS
PERMISSION TO BUILD A NEW HOTEL
SPECIALIST RESORT
CONVERT T O UPMARKET HOSTEL
HORIZONTAL LIVING PERMISSION IS IN PLACE FOR NEW INDEPENDENT APARTMENTS FOR RENTAL or TO SELL
PRAIA DA LUZ is a popular destination with all nationalities whether for a family holiday, a romantic getaway or, as a place to retire that enjoys 300+ days of sunshine a year