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Western Algarve

Owner retiring due to ill health. Very well established B&B, same owner for almost 20 years.
Solid client base, good utilisation figures
Walk in tomorrow and start earning, fully equipped
Accomodation consists of: Owners accomodation (1 bedroomed penthouse) , 2 x one bedroomed self catering apartments, 6 double rooms all en-suite, large dining room/guests' lounge.
Fantastic ocean view, (protected by road into village, so it will never be built in front|).
100 mts from glorious sandy beach.
Valued by local agents at 950,000 Euros just reduced to 695,000 Euros for quick sale
Owned by a Portuguese Limited Company so sale by a transfer of shares... NO PROPERTY TAXES TO PAY
If you are looking for a busy B&B in an enviable location, you must see this one.
Website included in sale www.the-mare.com


 
Contact John Wilkinson + 351 282 695 165
Mobile + 351 91 22 4 88 00
or UK + 44 1588 680 620



Silves, Algarve

Three double bedrooms, 2 baths, reception, kitchen, dining, utility room, and annexe flat (two rooms with an en-suite shower room) set in 1 hectare of land (2.25 acres), completely secluded but set within a small development, with stunning views to the mountains. 6 miles to the sea, with amazing beaches, 6 miles from two cities, and 3 miles from the nearest golf course, (with more being built). Just over two miles to the motorway.

Price 475,000 euros

I am prepared to sell this under a shared ownership scheme, with up to four sharers, thus giving each owner three, four, or six months usage a year. I can also provide private mortgage finance.




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© John Clare 2009