house for sale Faro, Esposende

30 Bedroom Renovated Hotel in Faro City Algarve—This 908m2 boutique hotel has 30 bedrooms and 30 bathrooms and is currently undergoing a full renovation. it is located in a prime location in the centre of Faro, 5 minutes from the airport, and close to the beaches of Faro.The hotel is being sold fully renovated. it consists of the ground floor plus 3 further levels with an elevator, with the ground floor left as an open canvas for the new owners to personally design the reception, lounge, and dining areas.Located in the city centre, it offers an excellent location within walking distance of the Marina and all amenities.Floor layout:- 1st, 2nd and 3rd floors: There are a total of 30 suites (10 per floor), currently in the final stages of renovation. Some of these suites have large balconies with unobstructed views and/or views of the park's gardens.- Ground floor: Possibility of creating commercial spaces, with a total area of ​​227m2.General features:The building has 4 floors, with a total of 30 rooms with private bathrooms. it is being completely renovated and modernized, with the works scheduled for completion in early 2025.Faro is a Portuguese city and capital of the Algarve sub-region, belonging to the region with the same name. it has an attractive marina, well-maintained parks and plazas, and a picturesque old town ringed by medieval walls. The Arco da Vila gives access to the old part of the city, known as the 'village inside'. inside is the 11th-century Arab Gate, the oldest horseshoe arch in the country, which was the entrance to the walls for those arriving by sea. The municipality of Faro is delimited to the south by the Ria Formosa, by a dune cord, forming 3 main islands and islets, and by the Atlantic Ocean. The narrow tongue of fine golden sand, punctually interrupted by the connections between the sea and the Ria, called Barras, form the 3 main islands: ilha da Culatra and Farol, ilha Deserta and Faro island. Faro Airport is located within a 15-minute drive from the city and the Forum Algarve Shopping Centre is at the entrance of the city.Features* Air Conditioning* Elevator* Renovated