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Well-Established Boutique Hotel In Tavira - Algarve For Sale

Tavira, Faro, Portugal
Asking Price:
€1,600,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
€250K - €500K
Cash Flow:
€100K - €250K

Charming city boutique hotel, 12 rooms, outside pool on the rooftop, renovated in 2019, located in the center of the typical city of Tavira and 5 minutes walk to the all city's tourist attractions, near the river, just a few minutes from the famous beaches of Tavira Island.
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Property Information

Real Estate:

Real Property Included

Living Accommodation:

12 double and suite rooms with private bathroom

Location:

Tavira center, near the river, few minutes to the island beaches

Premises Details:

Renovated in 2019

Size in square feet:
650 sqm building

Business Operation

Expansion Potential:

NA

Competition / Market:

One of the best small hotels in Tavira

Reasons for selling:

Divorce of two of the partners

Employees:
3
Years established:
10 years

Other Information

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