An established well known and popular hotel amongst visitors and residents alike, this rural Quinta has recently had a new refit and additional 32 hotel suites block constructed, spa, function and conference rooms, indoor pool, bistro, restaurant and staff quarters have been added.
All necessary licences are in place for 4* Resort.
90% complete, this is a wonderful opportunity to acquire at this stage this newly redeveloped property. Licenced for a hotel and spa it has many alternative potential usages, rehabilitation centre (fitted throughout for disabled access to all areas), care home or yoga retreat, wellness resort, private clinic etc.
Located just outside of Tavira, it is within easy access to all road links, towns of Tavira and Sao Bras de Alportel are a 10 mins drive, local beaches and mountain trails for hiking or cycling are close by. There is a wonderful calcada entrance driveway leading to the reception lounge, spa and venue halls and plenty of parking on the south plot covering 5 acres.
A separate newly completed block of 32 hotel suites is complete and comes with lift and disabled rooms. The spa will include 4 large treatment rooms, a Turkish bath and sauna, indoor pool, showers and changing rooms, disabled shower rooms and Vichy Spa.
The bistro is located next to the pool and the main restaurant is located next to the venue room and is complete with a commercial kitchen and service areas for food preparation that can cater for up to 400 guests. This area is almost complete and has already installed for gas, extractors, wash areas, toilets etc.
To the north is an extra 7 acres of rustic land which could potentially give additional eco-friendly lodgings with great road access.
There is a spacious reception lounge area, venue rooms, restaurant, 6 self-catering two-roomed cottages which have all been updated, staff accommodation for up to 16 people, outside bar, outdoor pool, amphitheatre and 2 conference rooms, tennis courts, crown green bowls lawn and croquet lawn are planned.
With the growing demand for accommodation in the East Algarve, this property would be ready to go with very little work left to do giving a very quick very profitable return on the investment. All licences and checks have been done and approved.
Ref: PP3613
Property Features
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Commercial
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Swimming pool
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38 bedrooms
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Air conditioning
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Garden
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Heating
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Parking
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Conservatory
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Reception room
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Terrace/Balcony
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Covered dining area
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Kids play area
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Gym
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BBQ
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Laundry room
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Storage room
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Spacious
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Character property
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New development
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Features great views
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Morning sun
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Evening sun
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South
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Near bars/restaurants