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Tourist Old Village East Algarve For Sale

Tavira, Faro, Portugal
Asking Price:
€2,800,000 Furniture / Fixtures included
Sales Revenue:
€300,000
Cash Flow:
€250,000

Traditional small tourist village in operation, 800 meters from the river and the beach, near the old fishing village of FUZETA and few minutes from TAVIRA and FARO in East Algarve.

18’000 sqm of land
10 villas - 2 rooms and living room
06 apartments - 1 room and living room
01 villa - 3 rooms and living room
Tennis court
Outdoor Pool
Gardens
Solarium
Fruit trees

Allowed to build 18 new villas (PIP)

Property Information

Real Estate:

Real Property Included

Living Accommodation:

villas and apartments

Location:

Close to the beach in a old fisherman village

Premises Details:

18.000 sqm land

Size in square feet:
18.000 m2
Planning Consent:

3'000 sqm for new construction, villas

Business Operation

Expansion Potential:

Allowed to buil 18 new villas (semi-detached houses)
About 3'000 sqm new constrution

Competition / Market:

original

Reasons for selling:

other business

Other Information

Home based:
This business can be run from home.
Relocatable:
This business can be relocated.