Investment – 4 Tourist Studios 100m from Beach in Carvoeiro Center

€1,200,000

Estômbar e Parchal, Lagoa

Building for sale in Estômbar e Parchal, 188 m²

Estômbar e Parchal, Lagoa

€1,200,000

Ref:85993451
4Rooms
4Bed
187.76
Type: Building

Description

We present a unique opportunity to acquire Pax Solaris Estate – Carvoeiro, Lda, a tourism operation company that owns a 2-story building with 4 independent studios with private bathrooms, fully renovated and furnished. The property is located less than 100 meters from the beach and the center of Carvoeiro, one of the Algarve's most emblematic coastal locations. This project was conceived exclusively as an investment, with a focus on tourism profitability. The property has been fully renovated and equipped to attract national and international guests, and is operating successfully in the short-term rental market today. Key Highlights: Premium Location – steps from the beach and central area of Carvoeiro. Ready to Operate – renovated in 2023 with durable and efficient materials. Established Business – active company with contracts in place and rental management entrusted to the renowned Carvoeiro Clube Group. Performance & Rental Management: The studios were launched into the tourism market in July 2023 and have since exceeded financial forecasts. Operations are managed by Carvoeiro Clube Group, whose headquarters is only 300 meters from the property. Pax Solaris receives 60% of gross rental revenue, billed with VAT. Design & Materials: Interior Style: "Beach boho" inspiration, with neutral tones, whites, and soft blues. Amenities: Daikin air conditioning in each studio, ceramic washbasins, electric water heaters, compact kitchenettes (no stove or oven to prevent odors and damage). Construction: Thick walls with natural insulation; ventilation system installed to prevent condensation; textured paints for greater durability. Security: Entrance gate with lock CCTV system with 2 cameras Located less than 100m from the police station Tax Efficiency: The corporate structure allows for tax-exempt sale (IMT and Stamp Duty), normally up to 8.3% of acquisition value, due to the company holding property directly related to its activity. This exemption must be reconfirmed before sale. Valuation & Finances: Conservative bank valuation from Crédito Agrícola (Aug. 2023) assigns the property a value of €952,400, not considering: The value of furniture and decoration included Tax advantages The active, legal, and profitable operation

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