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9 Bed Townhouse for sale

Albufeira, Algarve, Portugal

£816,432 *  [€950,000]

9 Bed Townhouse for sale

Albufeira, Algarve, Portugal

£816,432 *  [€950,000]

Property Details


  • Bedrooms: 9
  • Bathrooms: 3
  • Plot size: 420 m2

Features


  • Close to the beach
  • Central location
  • Swimming pool
  • Terrace
  • Energy Certificate: E

Full Description


This well-established Hostel, which has been in operation since 2013, is situated in the heart of Albufeiras historic centre, just 200 metres from Peneco Beach and about a 5-minute walk from Pescadores Beach, enjoying a prime location in one of the Algarves most sought-after tourist areas. The property stands out for its outdoor areas with a pool, designed for socialising and leisure, notably a charming inner courtyard and a spacious rooftop terrace, equipped with a lounge, bar and a large communal dining table, providing a sociable atmosphere much appreciated by international travellers.

The property comprises a total of 9 bedrooms, of which 7 are for guests and 2 for staff (one private bedroom for the owners and a bedroom with 8 beds, and a private shower room), offering a total capacity of 34 beds in the guest bedrooms. The hostel also has 2 fully fitted bathrooms with showers and washrooms equipped with 3 toilets and 2 showers, as well as a fully equipped kitchen, a laundry room with private kitchen (staff) and 2 boilers to support operations. The property is complemented by an internal courtyard and a rooftop terrace with a lounge, bar and dining area, designed to provide guests with spaces for relaxation and socialising.

The property features a fully equipped kitchen and sanitary facilities suitable for its current use as a hostel. The business is currently operational, with an established brand dating back to 2013, a track record of guests and positive reviews, and a well-established operation ready to continue. - REF: KP1370A
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This property listing (ref: KP1370A) is an advertisement supplied by Kaiser Properties and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8594 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.