Mercury Group
Rural Hotel in the Algarve
- Portugal, Algarve, Albufeira
- Guia
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Property description
- Portugal, Algarve, Albufeira
- Guia
Currency calculator
4-star Rural Hotel inserted in a farm where there is already agricultural activity.The rural hotel will have a total construction area of 2000 m2 spread over 3 blocks, 2 intended for accommodation units and a central entrance block of the hotel reserved for the various services of the hotel.It will have a capacity of 39 accommodation units with dining room and its service pantry, public sanitary facilities, living room with bar service and a shop to market farm products.The hotel will have a swimming pool and a total of 13 parking spaces. This fenced property, has more than 100,000 m2 and has 2 water holes, a tank 30m x 10m, water network, light and sewers, 6 greenhouses, animal installation building, a warehouse with cafeteria, sanitary installation, cabinet and refrigeration container, fruit trees and vineyards of table grapes.Includes 5 mobile homes for staff accommodation and 4 modular homes with a current income of €3,800 net/month. The property has animals (chickens, pigs, geese, ducks, turkeys, sheep, goats, goats, among others), tractor with accessories for agriculture, material and utensils essential to the farm and automobiles for transport (Mitsubishi van of 9 seats, Jeep Classic Diesel 2-seater and an Iveco van for transporting products).
Basic parameters:
Leisure and Infrastructure in 2km:
Residence permit could be obtained through the property purchase. Leave your request in order to get more information about Residence Permit.
- Portugal, Algarve, Albufeira
- Guia
Currency calculator
What you should know, purchasing a property in Portugal
** After rental period you check out, own your property, and:
1. give it for rent and get the loan covered keeping real estate till the highest market to resell, or
2. resell and get the invested money + capitalization profit
In both cases, your rental costs when purchasing real estate are reduced by an average of three times.
