• For Sale
  • GBP 2,116,623 
  • Build Size: 9,235 ft2
  • Property Type: Commercial
  • Bedroom: 16
  • Bathroom: 18
Exceptional 16 apartment Hotel in excellent order with approved expansion project to add another 21 units, located in a tranquil area of Lagos with far-reaching country views towards the Monchique mountain range and Porto de Mos beach. Fantastic opportunity, a very successful hotel complex with excellent occupancy rates consisting of 8 x T1 & 8 x T0 freehold apartments arranged over 2 floors with the first floor boasting sea views. All apartments have fitted kitchens, aircon and South facing terraces overlooking the pool and gardens.Set on a large plot with beautiful gardens full of sub-tropical plants that have been maintained to the highest level, large pool and separate children's pool fed from a borehole, tennis court, BBQ area, outdoor jacuzzi, children's play area and large car park. There is currently an approved project to expand the business with permission to add a rooftop restaurant/bar and terrace to the existing building that will boast the most amazing sea views. The project also includes the addition of 21 extra units and 2 further pools.Great location, within walking distance to the old town, Porto de Mos beach or the renowned Boavista golf course. 20 mins to the West Coast and less than an hours drive to Faro airport.Rare opportunity to buy a very successful ongoing concern with a large scope for expansion and increased turnover.

, Lagos , Portugal is a 9,235ft2 Portugal luxury Commercial listed for sale 2,500,000 EUR. This high end Portugal Commercial is comprised of 16 bedrooms and 18 baths. Find more luxury properties in Portugal or search for luxury properties for sale in Portugal.