Hotel or B/B Business opportunity

in Lagoa | Lagoa e Carvoeiro

  • 750,000 €

  • 630.278 £

  • Vernon Real Estate
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PROPERTY DESCRIPTION
Ideal location
  • Algarve, Guest House FOR SALE located in the heart of Lagoa city, only 5 min drive to Carvoeiro beach.

  • Traditional Portuguese renovated 2 storey Guesthouse with 10 bedrooms, 9 bathrooms, plus private studio apartment with total construction area of 256.50m2 plus terraces of 33.5m2, is a lodging establishment situated in a quiet side street in the city centre of Lagoa, a lovely Algarve town, with restaurants, shops, and other amenities around the corner. And only within 5-15min drive to several nice beaches and towns in the Algarve such as; Carvoeiro, Ferragudo, Porches, among others. This Guest house is perfect for building your (ideal) permanent home, holiday home or for investment.

  • Great opportunity to purchase a 10-bedroom Guest house, plus studio accommodation near Carvoeiro beach/town!

    This Guest House is a traditional Portuguese two-storey townhouse in Lagoa, renovated in 2023 and combines timeless ambience with modern day convenience, it is a home right in the middle of authentic Portuguese urban life. The property has been also decorated to a modern standard, whilst still showcasing some of the traditional features. Simplicity at its best.

    This Guesthouse comprises of 2 floors, with a total construction area of 256.50m² plus courtyard of 25.50m2 + top floor terrace of 8m2, plus roof terrace.

    GROUND FLOOR:
    • 2 independent entrance halls (one to access the ground floor accommodation and the other with staircase to access 1st floor)
    • 6 bedrooms and 6 bathrooms (4 en suite shower rooms + 2 shower rooms)
    • access to patio area (with small kitchen facilities), the perfect spot to entertain with other guests or simply to relax.
    • access to laundry/utility room and storage

    FIRST FLOOR
    • 4 bedrooms (incl. 1 family room), and 3 bathrooms (with showers)
    • annex studio apartment with, lounge/dining and fully fitted kitchen, with access to the terrace and downstairs patio.
    • stairs to roof terrace and attic

    All rooms have air conditioning for cooling /heating, cable international TV and WI-FI (Internet access via wireless across the property).

    The property is equipped with solar panels for hot water and street parking.

    This operational guesthouse, is in a prime location, of Lagoa town, allows easy access to, schools, supermarkets, market, shops, banks, council, coffee shops, restaurants, bus station, public swimming pool & gym, and other amenities.
    Also, within a short drive (5 min) are the private schools such as the Algarve Nobel school (formerly international school of Porches) and the German school.
    The prestigious and renowned Golf course of Gramacho & Vale de Pinta and the Carvoeiro tennis club & Fitness are also only 5 -10 minutes’ drive away.
    It is also very close within 5-15min drive to several beautiful beaches and towns in the Algarve such as; Carvoeiro, Ferragudo, Porches, Armação de Pera, Portimão and Alvor, and only 20 min to Monchique mountains, and Faro airport is a 40-minute drive away.

    The options for this Guest House are numerous, depending on the requirements of a new owner. It is ready to move into, it is a perfect property for a combination of holiday rental B&B and a big family home, which makes this a great investment property at a very attractive price. A must-see property.

    Do not miss this opportunity and contact us for more details and to schedule a visit to this property. Virtual viewings also available through video call.


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