A teriffic property in an prime location, this imposing 250 bedroom hotel is in need of complete refurbishment to return it to its former position as one of the leading hotels of the area. Consider the location, just outside the town of Lagos, within a couple of minutes walk of one of the Algarve's famous sandy beaches and the ocean; add the facilities of conference rooms, bars and restaurants plus a dedicated reception area, space to establish a cinema, a bowling alley and a health and beauty centre then include the potential interest from the large European travel companies and individual agencies for this front line location plus the natural interest of the individual traveller and a very profitable picture begins to appear.

This property enjoys an elevated location with magnificent views. Lagos town centre, its nightlife, the many varied shops and the Marina are all within easy reach. Faro airport is just a 50 minute drive away and the recent addition of the new Portuguese Formula One racetrack nearby, a twice weekly ferry service from Portimao to Madeira and the Canary Islands plus the whole of this historic town is enjoying great improvements to the infrastructure and the facilities offered to travellers and holidaymakers.