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4 Star Hotel on a Cliff Over the Sea

Madeira, Portugal

67%

€22.500.000

Hotels & Resorts

#34894

Core+

31 Jul 2024

Property Details

Authorized representative

For sale

90

250,000

Freehold

Swimming Pool, Solarium, Sauna, 2 Restaurants, Lush Gardens, Reading Rooms

X

Fees

4.00 %

No Buyer Fees

3.00 %

0.60 %

0.40 %

Investment Overview

4-Star Hotel on a Cliff Over the Sea in Funchal, Madeira Island, Portugal. With scores and reviews always above 8. Average annual occupancy above 90%. Situated on a cliff top, this 4-star hotel overlooks the Atlantic Ocean. Just a 5-minute drive from the center of Funchal. Rooms are bright and have modern wooden furniture. They include air conditioning and cable TV. Some rooms have a separate seating area and offer panoramic sea views. Excellent opportunity because this is an Iconic Hotel in Madeira that has one of the best locations with guaranteed Sea View and a calm and serene location, but at the same time close to the city center. Madeira Island is vibrant and energetic all year round. 6,500 m2 of total area