Albufeira, Faro, Portugal, MI2, Portugal

€950,000
7 2

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Ref no: INT260053

For Sale | Hostel | 7+2 Bedrooms | 2 Bathrooms | Rooftop Terrace | 350 m from the Beach | Downtown
For Sale | Hostel | 7+2 Bedrooms | 2 Bathrooms | Rooftop Terrace | 350 m from the Beach | Downtown

Located in the heart of Albufeira, just 350 metres from Praia dos Pescadores, this hostel enjoys a prime location within walking distance of the beach, restaurants, shops, nightlife, and all essential amenities.

The property offers 149.28 m² of private gross area and 41.20 m² of dependent gross area, with a layout ideally suited for tourist accommodation.

Inside, the hostel comprises seven guest rooms, two bathrooms, a fully equipped kitchen, a storage area, a reception, and an indoor lounge.

At the northern end of the property, there are two additional rooms dedicated to staff accommodation, providing excellent operational functionality.

One of the property's standout features is its variety of outdoor social spaces. At the centre of the hostel, a charming chill-out courtyard creates a relaxed and welcoming atmosphere for guests.

The property also boasts a rooftop terrace with a bar, offering the perfect setting to enjoy the Algarve sunshine and enhance the overall guest experience.

Combining an exceptional central location, proximity to Praia dos Pescadores, and a well-designed mix of indoor and outdoor spaces, this hostel represents an outstanding investment opportunity in one of the Algarve's most sought-after tourist destinations.

Location

Situated in the historic centre of Albufeira, only 350 metres from Praia dos Pescadores, guests can easily reach the beach, restaurants, bars, shops, and the town's main attractions on foot.

A rare opportunity to acquire a fully operational hospitality property in one of the Algarve's most iconic coastal locations.

Floor plan

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Albufeira, Faro, Portugal, MI2, Portugal - Floorplan 1

Stamp duty calculator

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Total stamp duty

43,750 £

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Mortgage calculator

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Monthly repayments

39,924 £

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