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B&B – Renovated Quinta with 7 Ensuite Bedrooms, Studio & Pool in Moncarapacho

Incredible opportunity to get into the hospitality market with a renovated and very successful B&B with the good will and web marketing already set up!! In 2015 the B&B got revamped and now looks really trendy & snazzy!!

This, ready to move in, B&B has the possibility to expand if desired.

Located between the mountains & the sea, in the Eastern Algarve, in a super central location with direct access from a tarmacroad. Sitting on a plot of 11.040m2 with pleasant country & hill views over land with citrus orchards & indigenous trees.

Close to Moncarapacho village with mini-markets and good restaurants.

Fuseta village with its lovely island beach is at 9km, Olhão city with a shopping mall, a fabulous fish market, yacht club, ferries to the beach islands & large supermarkets its only at 12km, the trendy & historical Tavira city with museum & shops is at 17km and the International Faro airport at 25km. Easy access to the A22 with Lagos at 80km, Spain at 45km and Sevilla at only 1.5hrs drive.
Originally a quinta, built early in 1900 with mostly 50cm thick natural stone walls, it has been renovated over the years with the use of local materials.

Currently, is set up as a successful B&B with 7 ensuite bedrooms and comprises:
Spacious breakfast / lounge area with a fireplace, perfect for the winter evenings and with an access to a North & East facing covered terrace and to the pool area.

Compact professional, stainless steel kitchen divided into a cooking area with a XL Range with extractor, cooling & storage units with ample work surface, washing-up area with a dishwasher and storage with a delivery door.

Bedroom 1: 11m2 with A/C, a hall & full bathroom 5.3m2 and a connection door to Bedroom 2: 10.8m2 with A/C, hall & shower room 6m2, both rooms share a private covered terrace.

Bedroom 3: hall 5m2, bedroom 10.6m2 with A/C, bathroom 4m2 & private terrace with an awning. Bedroom 4: 14m2 with exposed stone wall, A/C en-suite full bathroom 6m2 & private covered terrace by the pool.

Bedroom 5: 10.7m2 with A/C, ensuite shower room 8.7m2 & private covered terrace by the pool. Bedroom 6: 14.7m2 with A/C, large shower room 10m2, walk-in wardrobe & private covered terrace. Bedroom 7: 15m2 with A/C, ensuite bathroom 4m2 & private covered terrace.

There is a studio for private use, which comprises: sitting room of 15m2, bedroom of 11m2 with A/C, shower room of 9m2 and a large covered enclosed terrace.

Also there are various utility/storage rooms, laundry, staff shower room, guest toilet, reception & a small courtyard with outdoor stairs to the roof terrace.

Outside there is a spacious covered lounge area with large picnic tables.

This B&B also benefits from: borehole of 90m with a new pump, well featuring the bucket system, mature gardens with lawns & palm trees on an irrigation system & orchard with 60 large citrus trees.

Playground for children with a swing, sand-pit & trampoline.

Double Jeu-de-boule court!

  • Type : Property Included
  • Status : For sale
  • Franchise : No
  • Price : 890.000 €
  • Revenue : Undisclosed
  • Cash flow : Undisclosed

Property information

  • Property size (m2) : 588,00

Business operations

  • Business Location Moncarapacho - Olhão - Algarve - Portugal DISTANCES Shops, bars 4.5 km ( = 2.8 mls) Distance to golf 8 km ( = 5 mls) Distance to beach 10 km ( = 6.2 mls) Airport 25 km ( = 15.5 mls)
  • Premise Details • Renovated and very successful B&B • A / C in all the bedrooms • Pleasant country & hill views • Easy access to Faro airport • Short drive to Olhão & Fuseta • Large pool • Borehole of 90m with a new pump • Mature gardens with citrus trees • Web marketing already set up
  • Expansion Potential Plot size 11.040 m2, Construction area 588 m2.
  • Living Accomodations Yes
  • Accomodation Summary 8 Bedrooms

Terms

  • Relocatable: No
  • Owner Financing Available: No