Hotel in city Alvor
8000.00 sq.m., 152 bedrooms

€ 14 160 000
Hotel "four stars", in Alvor (Algarve).
The hotel was built in 2002 and was renovated in 2016. The hotel has 152 rooms, including 8 family rooms. Art Nouveau rooms, each with a balcony, overlooking the parks and garden. The hotel has two swimming pools - children's and adults in the open air and indoor heated pool, gym, games room, sauna, restaurant with terraces in the garden, cafeteria. There is a car rental service and a transfer to the airport.
The hotel is located two kilometers from the beach. Alvor is a fishing village near the city of Portimão and the famous Praia da Rocha beach. Unlike Portimao, Alvor is a quieter place. There is also a comfortable long sandy beach, but without rocks. In summer there are various water activities on the beach, and there are conditions for practicing water sports. Alvor consists of an old part with traditional Portuguese houses, as well as areas with more modern buildings of different years, intended mainly for tourism. Alvor also has a small airfield. There are supermarkets, banks, pharmacies and so on.
Algarve is an economic and statistical region in southern Portugal. Includes Faro County. Territory - 4995 km ². The population is 451 006 people (as of 2011). The administrative center is the city of Faro. In the 1960s, the Algarve became popular as a holiday destination, especially among tourists from the UK. Since then, apart from the British there regularly spend holidays Germans, Dutch and Irish. Many own real estate in the region. In addition to the picturesque places and many beaches there is a network of golf courses. In total there are 34 international-level golf courses. In Vilamoura there is the Golf Academy. Twice, in 2013 and in 2014, the Algarve was recognized as the best golf resort in the world. The Algarve is a very popular place for religious tourism. Each year, its holy places attract many pilgrims, Catholics.
The cost of the hotel is 14 160 000 euros. The documents are ready for the deal. Additional information is provided upon request and upon the signature of the NDA and LOI by the potential acquirer.

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