9 bedroom Commercial house in Albufeira, Portugal – KP1370B

KP1370B

Property ID

190 m2

Size

9

Bedrooms

3

Bathrooms

โ‚ฌ950,000

Description

This well-established Hostel, which has been in operation since 2013, is situated in the heart of Albufeiraโ€™s 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 Algarveโ€™s 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.

Contact

Kaiser Properties

Property Agent
(+351) 289 508 106
sales@kaiser-properties.com
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  • Property ID KP1370B
  • Price โ‚ฌ950,000
  • Bedrooms 9
  • Bathrooms 3
  • Size 190 m2
  • Land area 420 m2

Address

Address: Albufeira, Albufeira, Portugal
  • Country: Portugal, Portuguese Republic
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