Villa for sale in Azores, Azores, Portugal

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£1,180,773 (€1,400,000)
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Villa for sale - 50 bedrooms

50

Property features

  • Villa
  • 50 Bedrooms
  • 1 Bathrooms
  • New Development

Property description

Historic manor house located on the island of Sao Miguel with project approved for a boutique hotel project. The property is located at a high point that allows for a privileged view over the island. The approved project for the rehabilitation of the existing infrastructures aims to install a charming hotel unit with 10 rooms and 20 touristic flats, being of these 4 T3,2 T1 and 14 T2, totalizing an overall number of 50 beds, with a swimming pool, support equipment, garden areas and 43 parking spaces. There is the possibility of enlarging the existing Manor House in order to increase the number of rooms up to a minimum of 50 units, as well as to build 20 additional tourist flats, of which 14 are of the type T2,4 T3 and 2 T1, for a total of 40 accommodation units. This project allows for European Community funding to be applied for. Ref: PP173262 Property Features * Villa * 50 bedrooms * 1 bathrooms * New development

Property info

Property location is approximate. Please contact the agent for further details.

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Portugalproperty.com, and do not constitute property particulars. Please contact Portugalproperty.com for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.