Block of flats in Albufeira e Olhos de Água of 104 m²

This incredible hostel is located in the heart of Albufeira, 2 steps from the beach and the main tourist attractions, restaurants, bars and public transport.

Its central location is ideal for attracting travelers from all over the world.

Hostel description :

- On the ground floor, we have a 2-bedroom apartment with a balcony, bathroom, fully-equipped kitchen, sofa, bed, fridge and cupboards.

-On the second floor we have a studio with a fully equipped kitchen, bathroom and bedroom, next door we have another independent bedroom with a private bathroom, and in the hallway we find a support for the bedrooms and storage for clothes.

On the second floor we have a studio with a private bathroom, balcony, air conditioning, built-in stove, fridge and bedroom, and on the other side we have another independent bedroom with a private bathroom and windows.

The hostel has a large roof terrace with views of Albufeira, a pulley for taking clothes up and down, and there is also a laundry room with a washing machine and ironing facilities.

The building is equipped with solar energy.

The hostel offers a variety of accommodation including shared and private rooms.

This hostel is a popular choice for backpackers and travelers looking for comfort and economy.

Guests enjoy a number of amenities, such as a spacious common area, a fully equipped shared kitchen, outdoor areas and high-speed wi-fi. The hostel also has 5 bathrooms and 6 bedrooms.

This is a unique opportunity for investors or entrepreneurs wishing to enter the hospitality market or expand their property portfólio. The hostel is offered fully equipped and operational, allowing for an immediate start to operations.

The current owner is selling the hostel for personal reasons. This is a rare opportunity to acquire a successful business in a prime location.

For more information on this unique investment opportunity, please schedule a visit with us.