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Hotel 18-bed with sea views 400m from Porto de Mos beach

€ 3,900,000 £ 3,442,319 $ 4,650,563

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Amazing opportunity to purchase a hotel/tourist complex 400m from the famous Porto do Mos beach. Consists of 18 double bedrooms, lobby, reception, dining area, laundry, large commercial kitchen and 2 elevators. Sought after location with sea views in a very popular Lagos beach resort, just a few minutes into the centre of Lagos.  

The hotel is not currently open for business and in need of renovation works and updating. Good quality build.

Current project in place with permission to increase the number of room, or add further construction with options as follows: 

Apart-Hotel with individual self-contained apartments:
- 23 Self Contained Apartments for re-sale or hotel use (2 bed and 3 bedroom units)

Expansion of Hotel:
- to add a 2nd floor and create 9 more rooms within existing imprint 

Expansion of Hotel:
- to amplify the current construction via the East and West wing, and create approx 50 Hotel Rooms.

Excellent investment opportunity with lots of scope for improvement and expansion. 

About the area...

Porto de Mos... Praia do Porto de Mos is the second largest beach in the Lagos region, a spectacular family-friendly beach that provides clean bathing waters and is lifeguard supervised during the summer season. Porto de Mos lies 3km to the South West of the city of Lagos, the pleasant beach that is set amidst steep cliffs and lined with soft golden sands make this a popular summer destination.

Lagos... The city lies along the bank of the Rio Bensafrim, with 16th-century walls enclosing the old town’s pretty, cobbled lanes, picturesque piazzas and churches. The city has an exceptional choice of bars and restaurants and the World class Marina and beaches just add to the allure. With every activity under the sun (literally) on offer, plus a lively nightlife, it’s not surprising that people of all ages are drawn here. Aside from its hedonistic appeal, Lagos has a lot of historical clout, having launched many naval excursions during Portugal’s extraordinary Age of Discoveries.

Key information

Reference: PPSS2791

Commercial

Lagos, Western Algarve

18 bedrooms

20 bathrooms

Company ownership

Built in: 2003

1,660m2 build size

€ 2,349 £ 2,073 $ 2,801 / m2 build

3,102m2 plot size

€ 1,257 £ 1,109 $ 1,498 / m2 plot

Features

  • Air conditioning
  • Garden
  • Furnished
  • Heating
  • Parking
  • Reception room
  • Terrace/Balcony
  • Covered dining area
  • Kids play area
  • Laundry room
  • Storage room
  • Spacious

Energy rating

  • A+
  • A
  • B
  • B-
  • C
  • D
  • E
  • F
  • G

The energy rating shows the energy efficiency of a building on a scale of A to G. The most efficient homes – which should have the lowest fuel bills – are in band A, whereas the most inefficient homes are in band G.

The location: Lagos

Portugal's least developed region, the wild Western Algarve, surrenders to the power of the Atlantic: it is all about nature, about surfing and the sea, about bird watching or spotting dolphins or walking cliff-top paths from one deserted sandy cove to another.

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Want to know more about this property?

Speak to anyone in our team and we will be happy to help.
Send your enquiry through now.

Yours sincerely,
Larisa Marin

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