Large Four-Star Beach Resort Hotel, Costa de la Luz, Algarve For Sale

By Dev Anand | 12 February 2021

Location: Punta Umbría, on a Virgin Beach, Costa de la Luz and close to the international airports of Seville and Faro, Algarve, Portugal

Name: TBA

Guide Price: €98m

No. of Keys: Large…more than 1,000 rooms!

The Opportunity: This resort hotel, right on the beach, under a major global brand with a 20-year HMA in place (from 2018), producing a yield of 7%.

The hotel has a wide range of facilities including athletics track, football pitch, paddle courts, tennis courts and canoeing, with seven gold courses nearby. 4,000 sqm convention centre, outdoor terrace spaces for 300 pax (cocktails), 2,000 sqm Spa & Wellness centre with indoor pool. 2,000 sqm outdoor pools. 4 buffet restaurants, 5 bars. Large car-park.

The walkway from the hotel to the beach

Main Picture: The pool and beach area of this hotel

Current Owners: Private company

Flag and Management: Global class brand on HMA

Financials: Available on signing of NDA

Tenure: Freehold

Agent: Local agent in partnership with THPT

Guide Price: €98m

Guide Price per Key: €81,666!

Date Posted: February 2021

THPT Comment: Fab opportunity to secure this big size resort hotel with convention centre, direct beach access, a wide variety of food and beverage outlets, with management company in place, producing a decent yield.

Contact us for further information

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.

For more information – Visit www.thpt.co.uk or email info@rrh.hmf.mybluehost.me.

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.

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