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HOTEL & CASINO (3) PORTFOLIO FOR SALE IN ALGARVE, PORTUGAL

295,000,000 EUR
Algavre
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Property Description

Hotel  Resort – Algarve
192 rooms with 9 suites, private beach, swimming pools, restaurants, bars, spa, conference room up to 190 people.
Hotel Villa – Algarve
111 Suites, a private beach, pools, restaurants, bars, conference rooms for 60 people
 Hote/ Casino
90 rooms plus 60 suites plus 40 premium suites, plus 16 apartments two bed and 12 three bed.  Casino, conference room for up to 950 people.  Pool, restaurants, bars and spa.
 These hotels are not officially for sale and therefore there is no financial data available including the yields.
§    On presentation of an LOI, we can arrange a formal inspection of these three assets.
§    Vacant possession.
§    Asking price: €295m
Area:
State/County:
Zip: new087
Country: Portugal
Property Id: 19953
Price: 295,000,000 EUR
Rooms: 393

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