€ 3,900,000 £ 3,246,535 $ 4,101,377
Reference PP174778
Moncarapacho, Eastern Algarve
Commercial
22 Bedrooms
Built in: 1868
1,390m2 Build size
€ 2,806 £ 2,335 $ 2,950 / m2 build
43,440m2 Plot size
€ 90 £ 74 $ 94 / m2 plot
€ 3,900,000 £ 3,246,535 $ 4,101,377
Reference PP174778
Moncarapacho, Eastern Algarve
Commercial
22 Bedrooms
Built in: 1868
1,390m2 Build size
€ 2,806 £ 2,335 $ 2,950 / m2 build
43,440m2 Plot size
€ 90 £ 74 $ 94 / m2 plot
€ 3,900,000 £ 3,246,535 $ 4,101,377
-13%
Date From To +/-
20-06-2024 € 4,500,000 € 3,900,000 -13%
Overall price change -13%
Reference: PP174778
Commercial
Moncarapacho, Eastern Algarve
22 Bedrooms
26 Bathrooms
Ownership Status: Company
Built in: 1868
1,390m2 Build size
€ 2,806 £ 2,335 $ 2,950 / m2 build
43,440m2 Plot size
€ 90 £ 74 $ 94 / m2 plot
This Algarve boutique hotel offers a unique and luxurious experience in a beautifully renovated historic property. Situated on a sprawling plot of 4.3 hectares in Moncarapacho, the hotel comprises a total of 21 bedroom suites, many with sea views, and its own distinctive shape, size, and layout. The property was originally built in 1868 and has since been meticulously transformed from a derelict building into one of Europe's finest health hotel destinations.
The hotel is designed to cater to wellness and relaxation, featuring a private spa overlooking the orange groves, a heated swimming pool, a jacuzzi, a gym, and a variety of outdoor activities such as yoga. Guests can enjoy dining at the Portuguese restaurant, which serves fresh-caught fish and other local specialties. The property also includes al fresco dining spaces, terraces, and beautifully landscaped gardens.
Additionally, the hotel boasts modern amenities such as an alarm system, laundry room, maid suite, and ample parking spaces. Throughout the grounds, guests can appreciate the charm of old stone walls and Portuguese architecture, creating an atmosphere that transports them back in time.
With its prime location and exceptional facilities, this boutique hotel is an ideal investment opportunity for those seeking to own a successful, high-end wellness retreat in the Algarve.
Reference: PP174778
Commercial
Moncarapacho, Eastern Algarve
22 Bedrooms
26 Bathrooms
Ownership Status: Company
Built in: 1868
1,390m2 Build size
€ 2,806 £ 2,335 $ 2,950 / m2 build
43,440m2 Plot size
€ 90 £ 74 $ 94 / m2 plot
Taxes and Expense : € 0.00
Loan amount : € 0.00
Your monthly payments : € 0.00
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Send your enquiry through now.
Yours sincerely,
Mariana Madeira
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