Algarve, Portugal

With traditional architecture and romantic atmosphere, here we have this unique property which consists of a 2-storey building with 11 bedrooms, as well as an independent and fully renovated 3-bedroom duplex unit. The charming outdoor space provides a barbecue zone and a leisure area including a swimming pool.

In the main building we find on the ground floor a reception, a living area and a dining area, there is a bar, a fully equipped kitchen, one toilet and also 3 en-suite bedrooms that are next to the pool. The upper floor offers 7 en-suite bedrooms, all of them with generous areas, a common terrace and another private one belonging to the main suite. This property also has a borehole, several storage areas, a laundry room as well as solar panels.

The independent duplex unit is completely modernized and has a separate entrance, although connected to the main building, too. The social area has an open-plan kitchen with a living room, a toilet and a terrace, on the upper floor there are 2 bedrooms with air conditioning and 2 complete bathrooms (1 suite), as well as another division meant to be used as office.

The property operated until recently a hotel and is sold fully furnished and equipped with air conditioning, with the best local cuisine restaurants nearby. The location is close to the picturesque village of Ferragudo and also close to the city of Portimão, representing an excellent opportunity to acquire a business with high profitability.