Apartment in Algarve, Portugal, 45 sq.m

A great opportunity for investment and business: 280 000€ in real estate in the process of rehabilitation and located in an area with a low population density to obtain a residence permit under the Golden Visa 2022 program. Guaranteed profitability!

The Termal - Monchique Hotel is located on the grounds of the renovated Villa Termal Caldas de Monchique Resort & Spa. The hills of Monchiki are spread out around this charming hotel. It offers a spa center where treatments using thermal water are carried out. The elegant rooms are decorated with elements of the XVIII and XIX centuries.

Guests of the Termal - Monchique can enjoy a glass of local wine in the stone-walled bar. The 1692 restaurant serves international cuisine, as well as traditional delicacies from the Monchiki region, including meat specialties.

The outdoor swimming pool is surrounded by a green garden and soft sun loungers. In addition to relaxing in the sauna or steam bath, guests can take a walk in the surrounding area and go on a mountain bike tour to the Serra di Monchiki National Park.

Also, the owner of a hotel room can stay at the hotel for up to 15 days a year.

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