Hotel for Sale Lagos, Faro, Portugal - Situation, Location, Perfect - Mondinion.com - Free International Real Estate Listings & International Property Ads, Overseas Real Estate

Situation, Location, Perfect

* Real Estate Listings, Hotels for Sale - Number of Bedrooms: 15+, Number of Bathrooms: 15+
* Europe, Southern Europe, Portugal, Faro, Lagos
* Date Posted: 2009-06-25
* Listed by: PN CONSULTING, Mediação Imobiliária, Lda - My Portugal Property (Real Estate Agent)
* Price: 15,000,000 EUR (~ $ 20,460,218 USD)

PN CONSULTING, Mediação Imobiliária, Lda - My Portugal Property

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Situation, Location, Perfect

A perfect situation in an ideal location, this imposing 250 bedroom hotel is in need of complete refurbishment, but consider the location, just outside the town of Lagos, within a couple of minutes walk of one of the Algarve's famous sandy beaches and the ocean; add the facilities of conference rooms, bars and restaurants plus a dedicated reception area, space to establish a cinema, a bowling alley and a health and beauty centre then include the potential interest from the large European travel companies and individual agencies for this front line location plus the natural interest of the individual traveller and a very profitable picture begins to appear.

This property enjoys an elevated location with magnificent views. Lagos town centre, its nightlife, the many varied shops and the Marina are all nearby. A new airport is due to be completed at Portimão, just a 20 minute drive away, in 2012 and the whole area is presently enjoying great attention to infrastructure and facilities.

Other Details: Number of Bedrooms: 15+, Number of Bathrooms: 15+
* Price: 15,000,000 EUR (~ $ 20,460,218 USD)
Keywords: Commercial Opportunity, Popular Destination, Direct Sea Views, Hotel, 250 Bedrooms, Conference Centre
Date & Time Listed: 2009-06-25 15:05:52 GMT

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More Real Estate Listings Posted by PN CONSULTING, Mediação Imobiliária, Lda - My Portugal Property

Features:

Ocean View / Sea View

Ocean Front / Sea Front

About PN CONSULTING, Mediação Imobiliária, Lda - My Portugal Property

Welcome to My Portugal Property ®, we are a fully licensed real estate agent and part of the PN CONSULTING group of companies. We are based just a few metres from the famous beaches of Praia da Rocha in the centre of the Algarve.

Buying property in Portugal through our dedicated team of real estate professionals will provide you with unrivalled customer service at every stage of your property search, allowing you the time you need to buy in a hassle and stress free environment.

We feature only the finest apartments, townhouses and villas on the market and have an indepth knowledge of all our portugal properties and their locations. We also bring to you excellent investment opportunities and ensure all plots offered are fully backed with all necessary paperwork to allow you to buy in complete confidence.

Whether you are looking for a holiday retreat, permanent residence or investment Portugal remains one of the most sought after locations in Europe. The first step towards ownership starts here, allow us to turn your dreams into reality and find exactly what you are looking for when it comes to portugal real estate.

Portugal property starts right here... with us.

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