Located in the vibrant heart of Albufeira, this exceptional hostel offers unbeatable access just steps from the beach, renowned tourist attractions, a plethora of restaurants and bars, and convenient public transportation. Its prime central position makes it highly attractive to travelers from around the globe. The property features a total of six bedrooms and five bathrooms, with diverse accommodation options that include private and shared rooms designed to cater to a broad range of guests. The ground floor comprises a spacious two-bedroom apartment with a balcony, a full bathroom, a fully equipped kitchen, and comfortable living areas. Upstairs, there is a stylish studio with its own kitchen, bathroom, and balcony, alongside a separate private bedroom with an en-suite. Additional amenities include a large rooftop terrace offering panoramic views of Albufeira, a laundry area with washing and ironing facilities, and a pulley for clothes drying. The building is environmentally conscious, equipped with solar energy systems. High-speed Wi-Fi, communal spaces, outdoor areas, and comprehensive kitchen facilities enhance guest comfort and convenience. Designed to operate seamlessly, this turnkey hostel presents a unique investment opportunity for entrepreneurs or investors seeking to enter the hospitality sector or expand their property portfolio. Fully furnished and operational from day one, it promises immediate revenue potential. Currently owned for personal reasons, this rare offering combines a proven business model with a prime location. To explore this attractive investment proposition, schedule a viewing with us today.
Block of apartments
Data source: https://www.rightmove.co.uk/properties/154642466?currencyCode=GBP#/?channel=OVERSEAS
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Algarve, Albufeira, Portugal