3 Commercial Property with Garden, Garvetur

Historical spa hotel with 63 rooms in spa resort near Gerês, Braga, Guimarães, and an hour from Porto. It is a period hotel located in a renowned thermal resort with direct access to it. Built in the late 19th century, it has undergone changes over time but requires modernization.

The hotel spans 4 floors, including a health club, reception, kitchen, dining room, meeting room, game room, and 63 rooms. With a magnificent surrounding area of about 38,000m2 of gardens and green spaces, including a swimming pool, tennis court, mini-golf, maintenance circuit, and a chapel, it also has a garage, laundry room, and storage. Direct access to the thermal resort is provided by an exterior elevator. Total gross construction area 4788m2.

Located in the heart of Minho and 20 km from the Peneda Gerês National Park and Braga, and 70 km from Porto airport.

According to the Global Wellness Economy Monitor 2023, the wellness industry encompasses 11 sectors and generates USD 5.6 trillion globally, of which USD 105 billion is in Europe. It is a segment that grows at 13.9% annually in Europe, with the spa sector specifically growing at 22.3% annually. Despite these rates reflecting post-pandemic recovery, robust growth rates are expected to continue in the coming years, specifically forecasting 8.3% annual growth in the spa sector between 2022-2027. Real estate related to wellness records an annual growth of 22%. Among the types of establishments in the thermal sector, the hotel/resort spa leads in terms of revenue.

Portugal ranks among the top 20 destinations worldwide in wellness tourism, with a growth rate of 34%, representing 5.8 million trips. The conclusion that real estate investment in this sector is of particular interest underlies the presented numbers, which could serve as the basis for a specific study for the investment in question.

Garvetur S.A. has been operating in the market since 1983 and is the flagship company of the Enolagest group. Garvetur offers its clients turnkey services and comprehensive advisory services throughout the real estate investment cycle. We have extensive experience in marketing residential developments, tourist resorts, land plots, business properties, collaborating with various business groups, national and international operators, and a network of agents in the residential and tourist segments.

Our client portfolio includes the most prestigious groups with real estate operations in the Algarve, Lisbon, and Porto, as well as numerous other real estate developers, hotel chains, public entities, financial institutions, investment funds, liberal professionals, and individual, business, foreign, and national institutional buyers.

Hotel Charme with 25 rooms in Lagos with privileged location.

Composed of three buildings, each with a distinct atmosphere and design, but sharing the same tranquility, and the relaxing and welcoming atmosphere orna this hotel Charme perfect for enjoying holidays at any time of the year, family, honeymoon or on business.

The twenty-five en suite rooms, well decorated all with balcony or terrace are equipped with minibar, telephone, safe, cable TV, air conditioning, smoke and fire detectors, electricity at 220v among other amenities.

Another of the added value of this investment is the room for events or business meetings and the restaurant.

Its care garden combined with fruit trees, features in the area, two swimming pools for adults and one for children. There is also a gym, a spa and a Jacuzzi overlooking the sea.

This business opportunity is situated within a mile walk from the centre of Lagos and a nine hundred meters walk from Porto de Mós Beach. Boavista and Palmares Golf Courses are less than six kilometres away, just fifteen minutes from the Algarve International Racetrack and about forty-five minutes from Faro International Airport.

Located in the historic city of Lagos, it has the privilege of staying close to the most beautiful beaches of the Algarve coast and the famous Ponta da Piedade with rugged rocks, magnificent caves, transparent waters and a stunning sunset. You can also walk along the extensive sandy beach of Meia Praia, about four kilometres of golden sand, and contemplate its wide bay. Lagos shows its history, in the streets, on the beaches, in the houses and in the monuments.

HOT_49288

Rustic restaurant with dance hall, swimming pool and garden.

Located in an area with high traffic traffic, between Faro and Almancil, the restaurant is close to some of the best golf courses in the Algarve, beaches, shopping areas, transport, enjoying excellent visibility.

With a capacity for 180 seats, it has large utility rooms, equipped kitchen and pantry, office, male and female bathroom, 1 room at the back with a bathroom. The exterior offers a pleasant terrace with swimming pool and bar, where you can enjoy all the surroundings.

It has 84 outdoor parking spaces.

The property still has bore water and automatic irrigation.

The highlight of this property is its location.

Excellent investment opportunity.

Land area: 2,671.95 sq.m
Construction area: 431.66 sq.m
There is the possibility of building another 1,000 sq.m with 500 above ground.

Energy certification: B-

The natural landscape of the parish of Almancil cannot be neglected either - the western part of the Ria Formosa Natural Park, a site of high botanical value and natural habitat for rare ornithological species, is located here.

The coastal area, with about 12 km, where the famous beaches of Ancão, Quinta do lago, Garrão and Vale do Lobo are located, is also one of the attractions of this parish.

Currently, several internationally renowned tourist developments are located here and some of its golf courses are considered among the best in the world.