Turnkey boutique hotel in the Algarve, Portugal | Commercial, For Sale, Portugal, Algarve, Monchique | IPD

Turnkey boutique hotel in the Algarve, Portugal

Main Property Image

Property Location:

Monchique, Algarve, Portugal


Property Terms: For Sale | Property Type: Commercial

Price: 2,722,880 USD

Bedrooms: 8
Baths: 0
Year Built: 2010
Garage: Other

Listing ID: 9808307

Let your friends and colleagues know about this property.
Instragram Facebook Linkedin Pintarest X - Formerly Twitter IPD YouTube Channel
Property Image 2
Property Image 3
Property Image 4
Property Image 5
Property Image 6
Property Image 7
Property Image 8
Property Image 9
Property Image 10
Property Image 11
Property Image 12
Property Image 13
Property Image 14
Property Image 15

VilaFoia is located in the breathtaking hills of Monchique, this Premier Hospitality Investment Opportunity offers a rare opportunity to own a thriving boutique hospitality business in one of the Algarve s most picturesque settings. With an established reputation, steady revenue streams, and a proven business model, this turn-key operation is perfectly positioned for investors seeking a good yield asset or those looking to live and work in a natural yet vibrant environment.

A Boutique Hospitality Business with Diverse Revenue Streams:
This beautifully renovated property features 12 modern, well-appointed guest accommodations. All rooms are spacious and have underfloor heating and all, except one (the economical room) have panoramic views of the Monchique hills.

A professional kitchen makes it possible to prepare delicious breakfasts and organise catering for lunch, dinner events and parties if you d like. The well-appointed breakfast room offers guests the choice to dine inside or outside on the terrace with stunning views. 

Outdoor Spaces:
The outdoor areas are as impressive as its interiors, designed to immerse guests in the beauty of nature.

Swimming Pool:
A stunning outdoor pool with panoramic views of the rolling hills, surrounded by sun loungers and seating areas for ultimate relaxation.
A jacuzzi on the 31-meter-long wooden deck; the jacuzzi is very popular among guests and ideal for events or retreats. 


Terraces and Gardens:
Multiple terraces and manicured gardens offer quiet spots for guests to unwind, read, or simply enjoy the serene atmosphere.

Event-Friendly Grounds:
Ample space for hosting outdoor events such as weddings, yoga sessions, and gatherings, all framed by the natural beauty of Monchique.
Private Parking: A large parking area accommodating guests and event attendees.

Energy Sufficiency 
Creating exceptional guest experiences while caring for the planet has led to the integration of renewable energy to ensure a greener future without compromising luxury or comfort: 
- With the renovation, 24 solar panels have been installed to generate electricity. Together with a new switchboard for all rooms and the kitchen, it brings a huge advantage of a % reduction on electricity bills. 
- A new heat pump is installed to generate warm water for all buildings, and this also contributes greatly to the energy sufficiency of the property. 

Prime Location in Monchique:
- This location offers the best of both worlds—peace and seclusion in the heart of nature, yet conveniently close to the town of Monchique and its amenities. The property is also within a short drive to the Algarve s renowned beaches, golf courses, and cultural attractions, making it an ideal base for guests exploring the region.
- This unique property layout, combined with its thoughtfully designed facilities plus the fact that it is a turn-key solution, makes it a standout investment for those seeking a versatile, high-quality hospitality business in the Algarve.

Complementing its primary hospitality offering, the business is set up to generate income from multiple revenue streams as the business offers endless opportunities.

Event Spaces:
- Meeting Room for corporate events and workshops.
- Geodesic Dome—ideal for yoga retreats, weddings, and large gatherings.
- Multi-Purpose Room for intimate events or buyouts during the winter season.

Food & Beverage:
A network of chefs catering to events, with additional income from a snack service and a 24-hour honesty bar.

Activities & Experiences:
- Partnerships for commission-based activities, such as guided hikes, pottery classes, forest bathing, and wine tasting.
- Yoga and mindfulness sessions in the dome or among the property s tranquil surroundings.

Transport Services:
Shuttle services with the property s van, catering to guests travelling across the Algarve, including Faro Airport and local stations.

Retail:
A curated gift shop featuring local products and personalized merchandise.

Additional Upsells:
- Personalized packages for guests, including flowers, wine, photography sessions, and honeymoon add-ons.
- With its diversified revenue streams, it not only offers exceptional guest experiences but also ensures steady cash flow throughout the year.

Owners Living Quarters:
For those seeking to reside on the property, the business includes a detached, charming cottage that serves as the perfect owners accommodation. Enjoy the tranquillity of living amidst nature while managing a thriving business from your doorstep. (It would be possible to create an owners accommodation, but you would sacrifice 2 rental units to create an owners accommodation)

A Proven Business Model with an Established Reputation:
The business comes with an impressive track record, including excellent guest reviews on international travel platforms, where it holds a 9.1 rating. Guests frequently praise the property for its peaceful atmosphere, friendly staff, and attention to detail, solidifying its position as a top choice for travellers and retreat organizers.

Prime Investment Potential
This turn-key business opportunity represents a unique investment in the Algarves growing hospitality sector. When purchasing, you are not only purchasing an amazing property, but you are purchasing a property in a turn-key business operation that includes:
- An established reputation and client database.
- Experienced staff and operational procedures.
- A professionally designed website, social media accounts and marketing assets.
- Established partnerships to enhance guest experience and have optimized revenue streams. 

This is an ideal opportunity for investors seeking a turn-key business with a steady income stream, or entrepreneurs ready to immerse themselves in a rewarding hospitality business.





Key Features:


Year Built: 2010

Type: Commercial

Sale / Rent / Lease: For Sale

Style: Hotel

Driveway: Asphalt

Garage: Other
Heating: Heat Pump

AC: Central Air

Water: City/Public

Sewer: City/Public

Dishwasher: Yes
Total Sq Ft: 8180

Bedrooms: 8

Fireplace(s): 1

Levels: 2



Contact the Seller Directly using the form below:


*Your Name:
Phone:
*E-mail:
Message (255 chars max):


CAPTCHA
Type the characters in the image (case sensitive):


Corte Pereiro, Monchique 8550-257, Portugal
Monchique, AlgarvePortugal8550-257


Michel Izau
Phone: + 351 925 964 096
Email: michel@wyop.nl


View All Properties Listed By Michel Izau




Payment Calculator in USD



Home Price

Down Payment
, or


%

Loan Term
months, or

years.
Annual Interest Rate

%
Monthly Payment
Calculate


Save Listing   Save Listing

Printable Listing   Printable Listing

This property has been viewed 660 times.