Other buy in Espiche Faro
Tourist complex situated only 20 metres from the Beach in the centre of a popular upmarket resort in the Western Algarve, close to all Restaurants, Cafes, Bars and Shops This business has a good rental record with a high level of repeat clients, which reflects its position The complex has two separate buildings on two adjacent plots, and comprises of: 5 x T0 Apartments (Studios) 5 x T1 Apartments (1 Bed Apartments) 8 x T2 Apartments (2 Bed Apartments) 2 x T3 Apartments (3 Bed Apartments) 2 x T5 (5 Bed Townhouses) In addition there is a good sized secluded private Pool with surrounding terrace, a Poolside Bar, 3 Offices, a Laundry, as well as an area with permission for the development of a restaurant / commercial unit. This unrivalled location offers many profitable opportunities, such as: REFURBISHMENT OF EXISTING BUSINESS PERMISSION TO BUILD A NEW HOTEL SPECIALIST RESORT CONVERT T O UPMARKET HOSTEL HORIZONTAL LIVING PERMISSION IS IN PLACE FOR NEW INDEPENDENT APARTMENTS FOR RENTAL or TO SELL PRAIA DA LUZ is a popular destination with all nationalities whether for a family holiday, a romantic getaway or, as a place to retire that enjoys 300+ days of sunshine a year CB-M/05624 * Beds: 42 * Baths: 32 * District: Luz * Type: Commercial * Property ID #: CB-M/05624