Investment opportunity - POA
Praia da Luz, Lagos
Ref: M/05624
Price on Application
1
/
52
Specifications
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General
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Bedrooms: 42
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Bathrooms: 32
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Built year: 1984
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Views: Sea views
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Distance to:
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Airport: 50 min.
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Beach distance: 20 m
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Shops: 250 m
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Interior
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Heating
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Exterior
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Pool type: Shared
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Business for sale in Lagos - Praia da Luz
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
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