For Sale Hotel Sold 1.300.000 Euros (Negotiable)

Fantastic business or investment opportunity

The partners of Hotel Solar dos Marcos, located in Portugal, are interested in finding an investing partner or selling the company and property in totality. The hotel, which is in close proximity with Spain, has been classified as excellent architectural value by the Portuguese General Directorate of Tourism.

Real Inn dos Marcos is a historic palace that has been reconstructed from an old Episcopal residence (18th century). Located in the Portuguese village of Bemposta, where D. Manuel Martins Manso, Bishop of Guarda, was born and lived. The Bishop Martins-Manso added the chapel to the original building, in honour of the Holy Mary, in the second half of 18th century.

The 4-star property currently integrates eight double rooms with one room adapted for the physically challenged, one suite, rooms and suites all with room of bath, conditional air, TV satellite,an extensible restaurant for up to 140, a bar, one multi-functional hall for 40 places, private garage covered for 13 places, private chapel and a garden with swimming pool.

The project still integrates a private park that provides access to the residence of the manager consisting of one dinning room, a kitchen and two bedrooms. Due to the localisation of the hotel and its topology of construction, it is possible to extend it by acquisition of adjacent old gardens and rural houses, however keeping the hotel's main entrance.

The factors that could accelerate the success of the Solar are identified as investment by increasing the number of rooms, investment in equipment for tourist entertainment; mini-golf, own boat, 4x4 vehicles, marketing and publicity in Spain and Portugal; and the effective integration in international tourism circuits.

Other opportune factors that contribute include the hotel's location in the Nature Park of International Douro (PNDI), therefore offering favourable conditio