Price: €2 600 000
Number of Bedrooms: 12
Property Size: 760 sqm
Plot Size: 16545 sqm
Phone: +351 289 501 664
Website: https://divine-home.eu/property-detail/turnkey-investment-bb-opportunity-monchique_11997
Posted: February 12, 2025
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Description:
Premier Hospitality Investment in Monchique
Nestled in the stunning hills of Monchique, this thriving boutique hospitality business offers a rare investment opportunity in one of the Algarve’s most picturesque settings. With a strong reputation, steady revenue, and a turn-key operation, it’s ideal for investors seeking a high-yield asset or a lifestyle business.
Boutique Hospitality with Diverse Revenue Streams
This beautifully renovated property features 12 spacious guest accommodations, all with underfloor heating and breathtaking views (except for one economical room). A professional kitchen supports breakfast service, catering, and event dining. Guests can enjoy meals indoors or on the scenic terrace.
Stunning Outdoor Spaces
Swimming Pool & Jacuzzi: A panoramic pool and a jacuzzi on a 31m wooden deck—perfect for relaxation or events.
Terraces & Gardens: Manicured outdoor areas offer peaceful retreats.
Event-Ready Grounds: Ideal for weddings, yoga retreats, and gatherings.
Private Parking: Ample space for guests and event attendees.
Energy Efficiency & Sustainability
24 solar panels and a new switchboard significantly reduce electricity costs.
A modern heat pump supplies hot water efficiently.
Prime Location in Monchique, 80km from Faro Airport
Enjoy the perfect balance of nature and convenience—secluded yet close to town, and a short drive from Algarve’s beaches, golf courses, and cultural hotspots.
Multiple Revenue Opportunities
Beyond hospitality, the business offers various income streams:
Event Spaces: A meeting room, geodesic dome for retreats/weddings, and a multi-purpose room.
Food & Beverage: Event catering, snack services, and a 24-hour honesty bar.
Experiences: Commission-based activities like guided hikes, yoga, and wine tastings.
Transport Services: Guest shuttles, including airport transfers.
Retail: A boutique gift shop featuring local products.
Upsells: Personalized packages, honeymoon add-ons, and photography sessions.
Owner’s Living Quarters
A detached cottage can serve as an owner’s residence, allowing you to live on-site while managing the business. (Alternatively, two rental units could be converted into owner’s quarters.)
Proven Business Model with Strong Reputation
With a 9.1 rating on international platforms, this business enjoys excellent guest reviews for its tranquil atmosphere, hospitality, and attention to detail.
A Turn-Key Investment Opportunity
This purchase includes:
An established client database and reputation.
Trained staff and operational procedures.
A professional website, social media presence, and marketing assets.
Established partnerships to enhance guest experiences and revenue.
This is a rare opportunity to invest in a flourishing hospitality business in the Algarve—perfect for investors seeking a steady income or entrepreneurs ready to step into a rewarding venture.
📍 Find out more under reference SVP2277 at www.divine-home.eu