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Global Properties

3000m² Hotel in Luz, Portugal No. 135917

$ 10 507 501
$ 3 503 per m²
3000 Living space, m²
Luz, Portugal
Parameters
Living space, m²
3000
ID
135917
Type
Hotel
Land area, m²
30000
Property description
This 4-Star Resort For Sale in Lagos is a registered trade & tourism complex that has been in operation since 2016. The investor can choose to manage the resort, the properties and the restaurant or sell the villas individually for the immediate return of the invested capital and later manage them as an Apart-Hotel. This is a fantastic investment opportunity with great yield potential.

Located on a property of 3 hectares (30,000 m²) and consisting of 29 Villas (10-T1 villas and 19-T1+1 villas) this resort consists of a Club House with reception, a restaurant, a bbq, a mini-market, a Lounge Bar, a terrace, 2 swimming pools (120 m² for adults and 16 m² for children), a gym, a Yoga Zone, an outdoor maintenance circuit, a massage room, a sauna, a jacuzzi, a garden, an organic garden, a tennis court, a volleyball court, a natural grass soccer field, a pétanque field, mini golf, and a kids corner, a playground, and a parking lot.

The 1-bedroom villas consist of 2 single beds, a wardrobe, a desk, 1 bathroom with a bathtub, a living room, a dining area, an equipped kitchen, and a panoramic terrace.
The T1+1 bedroom villas consist of a master bedroom with a double bed, a wardrobe, a desk, a mezzanine with two single beds and a wardrobe and a desk, a bathroom with a bathtub, a living room, a dining area, an equipped kitchen, and a panoramic terrace.

The villas also include a dining table and chairs, as well as sun loungers and a side table on each terrace. Each property has air conditioning, satellite TV, a DVD player, free WiFi and a safe.

Just a 5-minute drive from the center of the historic city of Lagos and some of the most beautiful beaches, this tourist village is a central place to visit the southwestern Algarve. The rustic architecture, as well as the location, is surrounded by nature in a country setting. The restaurant serves delicious and healthy menus including a variety of vegetarian dishes. In the Lounge Bar, you can enjoy refreshing cocktails with a privileged view of the pool.

Lagos is, above all, well known for its stunning beaches and coves of Dona Ana and Praia do Camilo. Therefore, making it a prime location for anyone looking to buy property in Portugal as a rental investment, holiday home, or somewhere to relocate permanently.

The city centre of Lagos is always busy with activity; from its wonderful fish, fruit and vegetable markets, shops, bars and restaurants, to its numerous cultural events & activities. Lagos maintains its vibrant energy all year round. As a result, making this city interesting and so much more than just a popular tourist city. Its wonderful award-winning beaches and golf courses are only several minutes drive away. And Faro airport is only a 60-minute drive.

Therefore, this 4-Star Resort For Sale in Lagos is a fantastic investment opportunity with great yield potential and a great choice for anyone looking to start or expand their business. Contact Us to discover this property.
Features
Features
  • Terrace
  • Furnished
Outdoor features
  • Car park
  • Garden
  • Swimming pool
Statistics Luz
$ 3 343
Price per m²
0
Quality of Life Index
30
Cost of living Index
Parameters
[:second_city:]
Lagos
Difference
Monthly Rent Cost
1-Room Apartment
$ 662
2-Room Apartment
$ 363
Apartment Purchase Price per m²
In the City Center
$ 3 343
Outside the City Center
$ 1 800
Crime Index
69
Cost of Living and Rent Index
26
Purchasing Power Index
8
Property Price to Income Ratio
116
Safety Index
31
Traffic CO₂ Index
8615
Traffic Inefficiency Index
396
Rent Index
22
Health Care Index
47
Groceries Index
31
Pollution Index
89
Traffic Commute Time Index
68
Restaurant Price Index
28
Climate Index
61
Cost of Living Index
30
Quality of Life Index
0
Traffic Index
349
Restaurants
Meal, Inexpensive Restaurant
$ 3.00
Meal for 2 People, Mid-range Restaurant, Three-course
$ 50.00
McMeal at McDonalds (or Equivalent Combo Meal)
$ 5.00
Domestic Beer (0.5 liter draught)
$ 1.00
Imported Beer (0.33 liter bottle)
$ 2.00
Coke/Pepsi (0.33 liter bottle)
$ 0.49
Water (0.33 liter bottle)
$ 0.29
Cappuccino (regular)
$ 2.30
Markets
Milk (regular), (1 liter)
$ 2.73
Loaf of Fresh White Bread (500g)
$ 1.21
Eggs (regular) (12)
$ 1.69
Local Cheese (1kg)
$ 6.27
Water (1.5 liter bottle)
$ 0.34
Bottle of Wine (Mid-Range)
$ 3.12
Domestic Beer (0.5 liter bottle)
$ 0.66
Imported Beer (0.33 liter bottle)
$ 0.91
Cigarettes 20 Pack (Marlboro)
$ 1.28
Apples (1kg)
$ 2.59
Chicken Fillets (1kg)
$ 4.08
Oranges (1kg)
$ 1.97
Potato (1kg)
$ 1.92
Lettuce (1 head)
$ 1.96
Rice (white), (1kg)
$ 1.45
Tomato (1kg)
$ 1.85
Banana (1kg)
$ 1.83
Onion (1kg)
$ 1.90
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 4.28
Transportation
One-way Ticket (Local Transport)
$ 0.72
Monthly Pass (Regular Price)
$ 36.35
Gasoline (1 liter)
$ 0.67
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 20 363
Taxi Start (Normal Tariff)
$ 1.22
Taxi 1km (Normal Tariff)
$ 2.20
Taxi 1hour Waiting (Normal Tariff)
$ 4.69
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 20 566
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 115
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 31.85
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 9.31
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 111
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
18%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 31.25
Tennis Court Rent (1 Hour on Weekend)
$ 9.11
Cinema, International Release, 1 Seat
$ 5.82
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 19.22
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 27.99
1 Pair of Nike Running Shoes (Mid-Range)
$ 64.61
1 Pair of Men Leather Business Shoes
$ 57.07
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 670
International Primary School, Yearly for 1 Child
$ 16 374
Contact seller
Contact seller

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