ALBUFEIRA, ALGARVE, portugal



Listing Details:

€ 33.610.000
Price

HOTEL
Property Type

ALBUFEIRA, ALGARVE
Neighborhood

396
Hotel rooms

6382m2
Living space

47054m2
property size

5%
commision

Hotel Apartments for Sale in Albufeira, Algarve 

4 star Hotel in the Center area of Albufeira. 

It consists of 396 flats of typologies 0 Bed, 1 Bed, 2 Bed and 2 Bed Duplex, distributed by 8 floors. 

Details:

- Studio Apartaments - 24 
- 1 Bedroom Apartments - 15 
- 2 Bedroom Apartments - 3 
- Total: 42 (€7,865,000) 
- Car Parking: 44
- Hotel Support Areas: 19
- Hotel Operation:

About the flats already sold, the Hotel has the preference right to Buy it in case of a sale of an Owner
(Each Apartment Owner has 4% Yield). 

Many spaces of the Hotel are leased and being operated by other companies.