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COMMERCIAL

Algarve, Lagos, Portugal

€2,300,000
ten Hoopen Realty, Lagos
PROPERTY TYPE

Hotel

BEDROOMS

9

BATHROOMS

11

SIZE

5,134 sq ft

477 sq m

Key features

  • 9 bedrooms
  • Total area: 226 sqm
  • House area: 477,45 sqm
  • Air conditioning
  • 11 bathrooms
  • Construction year: 2019

Description

Located in the heart of the historic centre of the charming city of Lagos, this boutique hotel stands out for its elegance and charm. Its architecture preserves the history and tradition of the region, with Arabic influences present in both the architecture and decoration. Set in a privileged position, close to all amenities, just a short walk from the city's beaches and cliffs where you can enjoy its picturesque landscapes. Also within walking distance are the city's main tourist attractions, such as churches, museums, cafés and the city's iconic restaurants.
With its personalised and exclusive service, the hotel is a favourite with guests looking for a varied and sophisticated stay. From the property it's easy to reach the Lagos Marina where you have access to various maritime experiences along the coast. If you prefer you can easily reach surf schools, hiking groups and cycling trails.
With the hotel market in Lagos constantly growing, it makes this investment even more promising. Investing in a boutique hotel in the historic centre of a seaside town is an excellent business opportunity. As well as providing a unique experience for your guests, the venture can also offer solid and lasting financial returns.

Advantages of investing in this boutique hotel:
- Privileged location: the property is located in a touristic and central area which can attract more guests and guarantee good occupancy throughout the year.
- Exclusive experience: this property offers a personalised and unique experience, with its distinctive design and decoration attracts a specific audience and results in a loyal clientele.
- Potential financial return: boutique hotels tend to have a more flexible operation and can therefore generate a faster and more sustainable financial return for investors.
- Management flexibility: flexible management means you have more freedom to implement your own marketing, management and operating strategy.
- Possibility of growth: With tourists' growing interest in authentic and personalised experiences, this property has great potential for growth and success in the hotel market.

There are 4 floors that divide this property:
- Ground floor: entrance area and access to all the building's communal space, with dining areas with equipped kitchen, relaxation and socialising areas, a central outdoor patio, bathrooms, office and garage.
- 1st floor: 8 bedrooms, all with en-suite bathrooms, furnished and decorated, as well as a laundry area.
- 2nd floor: 1 penthouse with a bedroom with en-suite bathroom, fully equipped kitchen open plan to the living room and direct access to a huge terrace with panoramic views of the historic centre of Lagos.
- Basement: storage space
- Roof: solar panels for hot water

If you're an investor and have always dreamed of owning a property with these characteristics, seize this opportunity and write your success story here.

Contact us today for more information!
REF: H1152

Algarve, Lagos, Portugal

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Faro(International)
    40.2 miles
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About the agent

ten Hoopen Realty, Lagos

Avenida dos Descobrimentos 15 Lagos Faro Portugal 8600-645

ten Hoopen Realty, Lagos

ten Hoopen Realty was founded by four partners, Dexter ten Hoopen, Jorge Grave, António Castel Branco and Nuno Battaglia, each with a different skill set and vast experience in different fields. Together, we provide a true on-stop-shop approach to real estate in the Algarve.

Our vision is to provide the best possible personal, friendly and professional service to our clients. We aim to create long-lasting relationships and be ready and able to help wherever or whenever necessary. The yo

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Notes

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This is a property advertisement provided and maintained by ten Hoopen Realty, Lagos (reference 246566_H1152) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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