Beautiful project for investment in an old former building to renovate into a Boutique Hotel in Monchique, Algarve, Portugal

Nestled in the Serra de Monchique mountains, Monchique is a picturesque municipality in the Algarve region of Portugal. If you are looking for a great opportunity to invest in the renovation of an older building located in Monchique, we have got just what you need.

The building is currently made up of 26 bedrooms and 1048m2 of land. It's got 776m2 of construction space available and can be turned into a boutique hotel or guest house with ease.

The approved project will be developed in 3 floors plus a basement. In terms of architectural language, the project maintains the most timeless style that fits the spa/ thermal spirit. On the ground floor, we have a living area, a restaurant, the reception and 9 rooms type T0. On the second floor, we will have 5 residences, 3 of type T1 and 2 of type T2.

Known for its natural beauty, the location offers lush landscapes, scenic walks, and panoramic views. With its traditional architecture, local shops, and thermal baths, Monchique provides a tranquil retreat for relaxation and exploration. Visitors can also indulge in the region's gastronomic delights, including mountain-reared pork, honey, and traditional delicacies. Experience the charm and serenity of Monchique, Algarve, where nature, culture, and warm hospitality await.

For more informations about the strucutre anc concept of this property, please contact us directly.