8 Bed Hotel for sale
Santiago do Cacém, Setúbal, Portugal
£1,025,729 *
[€1,200,000]
Full Description
Rarely available hotel for sale in Portugal.
Priced at €1,200,000.
Highlights:
Hotel with accommodation license.
Total surface living area: 855m2.
7 Ensuite Double Rooms.
1 family suite.
Rooms can rent for around €110 per night.
Swimming pool with pool bar.
Garden with terraces.
10 minutes from the beach.
About the property:
Ground floor:
Reception
Lounge
Bar
3 double rooms
4 toilets
Laundry
Large storage space.
First floor:
4 double rooms
Large breakfast/dining area with large balcony and a marquee
Large kitchen
Second floor:
Family suite
Corridor
3 personal rooms including living room, bath room, kitchen.
Basement:
Separate entrance to a studio apartment of 75 sqm.
Outside:
Parking
Swimming pool with bar
Garden with terraces
Financials:
Annual occupation of double rooms is just above 75%.
Tourism starts from March until October.
Workers are there during winter season as well as guests for many sporting events that are on in October and February (endurance motor, running events).
Location:
Tranquil location in the village of Deixa O Resto in the region of Santo Andre, municipality of Santiago do Cacem.
5 minutes to gin distillery.
10 minutes to Monte Velho Beach.
10 minutes to Lagoa of Santo André beach.
15 minutes to Melides Beach.
15 minutes to the town of Sines.
20 minutes to the town of Grandola.
20 minutes to Praia de Sao Torpes Beach.
1 hour 20 minutes to Lisbon.
1 hour 30 minutes to the Algarve.
1 hour 40 minutes to Albufeira.
Potential:
At the moment there is an Accommodation License in place, so more than the current rooms are not allowed, however there is room and possibility to install an elevator and transfer the whole second floor into 6 or 7 double rooms.?
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