Albufeira e Olhos de Água (Albufeira)

Green-Acres Property Listing - Portugal

Property Details: Rooms: 0 Bedrooms: 7 Price: 1,519,472 EUR

Agency: Mauricio Baroni

Description: Hostel in operation since 2013, located in the heart of the historic center of Albufeira, just 200 meters from Praia do Peneco and about 5 minutes walk from Praia dos Pescadores. The space was designed to provide a relaxed and convivial experience, with several common areas that contribute to the cozy atmosphere that characterizes the business. The rooftop terrace, with a seating area and bar, ideal for convivial moments, as well as the interior patio, the fully equipped kitchen and a large communal table on the terrace, stand out. The hostel has 7 dormitories for guests, with a total capacity of 34 beds: Room No. 1: 8 beds Room No. 2: 6 beds Rooms 3 to 7: 4 beds each There are also 2 rooms for staff, one with 8 beds and the other with 1 bed. They have private access to a garden and a small above ground swimming pool. Bathroom facilities include 2 full bathrooms with shower and changing rooms equipped with 3 toilets and 2 showers. With a consolidated activity for more than a decade, the hostel benefits from a central location, close to the beaches, restaurants, shops and entertainment of Albufeira, maintaining a strong connection to the market of national and international travelers. This is an opportunity to acquire a functioning tourism business, with structure and operation already in place and an established presence in the center of Albufeira.