Commercial for sale
Vila do Bispo, Vila do Bispo, Algarve, Portugal
£1,392,879 *
[€1,600,000]
Full Description
Land for Commerce, Services, Hospitality and Local Accommodation in Sagres
Excellent investment opportunity in Sagres, set in a strategic location with outstanding visibility close to the EN125 national road.
This property combines an operating Local Accommodation business with a plot offering significant potential for the development of a commercial, services, hospitality or other tourism-related project, subject to the applicable planning regulations and licensing requirements.
The existing property comprises a main residence and two independent annexes, providing a total of 9 bedrooms, several with private en-suite bathrooms, three kitchens, multiple living areas, a garage, storage room, terraces, landscaped garden, swimming pool, barbecue areas and generous outdoor spaces.
The property is fully equipped and furnished, allowing the Local Accommodation operation to continue immediately and providing an attractive opportunity for investors seeking to combine existing tourism income with future development potential.
The land benefits from excellent exposure and visibility from the EN125 National Road, one of the main access routes into Sagres, providing a privileged setting for the development of commercial premises, services, a hotel unit or a tourism project.
Located just a few minutes from the centre of Sagres, the beaches of Mareta, Tonel and Martinhal, and Cape St. Vincent, the property is situated in an area with strong tourist demand throughout the year.
A distinctive investment opportunity in Sagres, Algarve, combining a strategic location, excellent visibility, an established tourism operation and significant commercial and hospitality development potential.
#ref: R4797
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