850 000 €
166 m²
10 Bedrooms
10
6 WC
6
NC
Building for sale in Loulé
Boliqueime
166 m²
10 Bedrooms
10
6 WC
6
NC
A prime location for an investment project with a vision for the future!
Situated in a privileged location alongside the EN125 national road in Boliqueime, the former Hotel Internacional represents an investment opportunity for those seeking a substantial property with excellent visibility and the potential to develop a new commercial or tourism concept.
Spread over three floors, this building stands out for its versatility, combining commercial and residential spaces with various possibilities for redevelopment and value enhancement.
Ground Floor – Commercial SpaceThe ground floor features an area designated for restaurant use, comprising a dining area, kitchen, sanitary facilities and storage rooms. This space offers the potential to develop a new restaurant, bar, retail or service concept, subject to the applicable legal and planning requirements.
First Floor – Residential AreaThis floor comprises five bedrooms, a kitchen and two bathrooms. Three of the bedrooms have balconies. There is also a terrace and ancillary spaces, offering additional versatility and potential uses.
Second Floor – Residential AreaThe upper floor features a further five bedrooms, a kitchen and two bathrooms. Three of the bedrooms benefit from balconies, and there is also a second terrace complementing this level of the building.
A Terrace with Sea Views and Potential for a Unique ConceptOne of the property's standout features is its terraces, which offer beautiful views and the potential to create a truly special space.
Subject to technical feasibility and the necessary licences and permits, the terrace could be developed as part of a bar or restaurant concept, creating an inviting setting in which to enjoy the views, whether for socialising at the end of the day or dining in a distinctive atmosphere.
This possibility adds particular appeal to the project, allowing investors to explore a hospitality or leisure concept that enhances the location and the property's unique characteristics.
A Property with Transformation PotentialAlthough renovation works are required, this building offers an interesting foundation for a redevelopment project, allowing the spaces to be reimagined and adapted to a new purpose, subject to the property's characteristics and the relevant licensing requirements.
Its location alongside the EN125, one of the Algarve's main transport routes, is a significant advantage, providing visibility and convenient access to a range of services, nearby towns and places of interest throughout the region.
If you are looking for an investment with scale, a strategic location and the potential to create a distinctive project, this could be the opportunity you have been waiting for.
Give the former Hotel Internacional a new lease of life and turn its potential into a business opportunity.
Contact us for further information or to arrange a viewing!
Energetic details