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Global Properties

40 bedrooms Hotel in Faro, Portugal No. 245425

$ 3 470 210
$ 14 164 per m²
40 Bedrooms
40 Bathrooms
245 Living space, m²
Faro, Portugal
Parameters
Bedrooms
40
Bathrooms
40
Living space, m²
245
ID
245425
Type
Hotel
Land area, m²
908
Property description
I present this magnificent Hotel located in the downtown of the capital of the Algarve district, a privileged area that combines tranquillity and proximity to the best tourist attractions that the city has to offer to those who visit us. This property consists of 5 floors, 40 suites, reception, restaurant and bar, and other services. It will certainly offer a unique experience to its guests, combi


I present this magnificent Hotel located in the downtown of the capital of the Algarve district, a privileged area that combines tranquillity and proximity to the best tourist attractions that the city has to offer to those who visit us. This property consists of 5 floors, 40 suites, reception, restaurant and bar, and other services. It will certainly offer a unique experience to its guests, combining comfort, style and an enviable location, perfect for investors looking for a profitable and well-positioned business. This hotel is currently in an advanced stage of total renovation and the expected completion date is by the end of 2024. There is a possibility of selling the company associated with the hotel unit. (ref BI-FB868)

Statistics Faro
$ 4 590
Price per m²
162
Quality of Life Index
51
Cost of living Index
Parameters
[:second_city:]
Faro
Difference
Monthly Rent Cost
1-Room Apartment
$ 1 150
2-Room Apartment
$ 924
Apartment Purchase Price per m²
In the City Center
$ 4 590
Outside the City Center
$ 3 532
Crime Index
30
Cost of Living and Rent Index
41
Purchasing Power Index
68
Property Price to Income Ratio
14
Safety Index
70
Traffic CO₂ Index
5958
Traffic Inefficiency Index
141
Rent Index
28
Health Care Index
54
Groceries Index
47
Pollution Index
34
Traffic Commute Time Index
25
Restaurant Price Index
47
Climate Index
98
Cost of Living Index
51
Quality of Life Index
162
Traffic Index
120
Restaurants
Meal, Inexpensive Restaurant
$ 13.97
Meal for 2 People, Mid-range Restaurant, Three-course
$ 46.58
McMeal at McDonalds (or Equivalent Combo Meal)
$ 12.23
Domestic Beer (0.5 liter draught)
$ 2.33
Imported Beer (0.33 liter bottle)
$ 2.33
Coke/Pepsi (0.33 liter bottle)
$ 2.33
Water (0.33 liter bottle)
$ 1.63
Cappuccino (regular)
$ 1.98
Markets
Milk (regular), (1 liter)
$ 1.19
Loaf of Fresh White Bread (500g)
$ 1.54
Eggs (regular) (12)
$ 3.14
Local Cheese (1kg)
$ 14.41
Water (1.5 liter bottle)
$ 1.24
Bottle of Wine (Mid-Range)
$ 5.24
Domestic Beer (0.5 liter bottle)
$ 0.97
Imported Beer (0.33 liter bottle)
$ 3.06
Cigarettes 20 Pack (Marlboro)
$ 6.64
Apples (1kg)
$ 2.65
Chicken Fillets (1kg)
$ 6.31
Oranges (1kg)
$ 1.61
Potato (1kg)
$ 1.50
Lettuce (1 head)
$ 1.44
Rice (white), (1kg)
$ 1.84
Tomato (1kg)
$ 2.67
Banana (1kg)
$ 1.34
Onion (1kg)
$ 2.53
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 11.30
Transportation
One-way Ticket (Local Transport)
$ 3.49
Monthly Pass (Regular Price)
$ 43.08
Gasoline (1 liter)
$ 1.99
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 34 982
Taxi Start (Normal Tariff)
$ 3.84
Taxi 1km (Normal Tariff)
$ 1.16
Taxi 1hour Waiting (Normal Tariff)
$ 22.12
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 39 888
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 141
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 43.37
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 20.23
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 1 419
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
5%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 44.25
Tennis Court Rent (1 Hour on Weekend)
$ 22.12
Cinema, International Release, 1 Seat
$ 11.64
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 73.74
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 39.30
1 Pair of Nike Running Shoes (Mid-Range)
$ 109
1 Pair of Men Leather Business Shoes
$ 107
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 470
International Primary School, Yearly for 1 Child
$ 12 626
Contact seller
Contact seller

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