Location: Vilamoura, The Algarve, Portugal
Guide Price: €350m to include Marina and Attached Income from F&B and Offices
No. of Keys: 380+
The Opportunity: Superb location, with beach access, four restaurants, three bars, Spa, 17 event and meeting rooms, to take 1,500 pax with purpose built congress centre and to top it all, 31 golf courses in the area, nine of which are within 20 km of the hotel.
All the rooms and suite have marina or sea views.
Vilamoura Marina was the pioneer in Portugal and today it is still the largest Marina in Portugal, voted the best, time after time, by the Publituris Portugal Trade Awards. These awards have only been possible because the Marina kept growing and developing, keeping step with the changing needs of clients and adapting in order to be able to respond to the growing demands of its users.
Additionally, at Vilamoura Marina, the owners have made a firm commitment to offer the highest standards of service and hospitality. The Marina offers 825 berths and can accommodate vessels up to 60 metres. The area is home to several classic yachting events such as the Marblehead Trophy, The Windsurfing European & Youth and the European Open. SV
Main Photo: The restaurant on the beach
Current Owner: Private family
Flag and Management: Major global brand…free on application
Financials: The hotel was returning between 8% and 10% yield in 2019
Agent: Local agent in partnership with The Hotel Property Team
Guide Price: €350m
Date Posted: November 2020
THPT Comment: This fab opportunity to have a resort hotel, with the usual attributes, as well as the centre of yachting in the Algarve and your own Marina!
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This is a new feature on the THPT site…. Hotel & Serviced Apartment owners can be naturally reticent in publicising their property is for sale…for confidentiality reasons, for staff and current client reasons, so the properties featured in this section will either be “generic” or “name specific”
Each fortnight we mail the opportunities posted that week, but check-out the tab “Hotels Available” and call us for details of “Under the Table” – deals not posted on the site at all
The Hotel Property Team (THPT) is a small group of highly experienced business professionals. Between us, we provide a range of skills and experience which is directly relevant to those involved in the hotel property market.
MISREPRESENTATION ACT 1967. This information is provided as a general guide and is not intended to be constructed as a statement of fact upon which interested parties can rely. All interested parties should make their enquiries by inspection or otherwise. Neither The Hotel Property Team (trading name of Impetus Marketing 2006 Ltd) nor any person in our employment has the authority to make, give or imply any representation or warranty whatsoever relating to the premises referred to in these particulars. These details do not constitute any offer, contract or any part thereof and all negotiations relating to the premises should be conducted through THPT.