11 more images below...

Hotel With Apartment For Sale In Olhão - East Algarve

Asking Price: 495,000 €

The Pensão Bicuar is located in the heart of the old fishing town of Olhão and is a friendly and comfortable hotel in a first class conditon, having gone through a complete renovation in 2004. There are 16 guest rooms all with a private shower and sink and we have kept the original Portuguese charm. All guests have access to kitchen facilities, book exchange and the top terrace on the 4th floor.

The penthouse apartment (35m2) consist of a lounge area, bedroom, bathroom, kitchen and a private terrace (10m2) with sea view and it is located on the 3rd floor.

The top terrace also has a boiler room, solar panels and an office. From the terrace you can see the Ria Formosa Nature Reserve with all the small islands, Olhão "Roof Top World" and the Algarvian Mountain Range inland - Pensão Bicuar has one of the highest & best viewpoints in town.

There are also 2 shops on the ground floor of the pensão. Recently we have made separate deeds for the Pensao and the 2 shops. If you are interested in the Pensao only without the shops the asking price is EUR 495.000 but if you are interested in the 2 shops as well as the pensão the asking price is EUR 595.000.

You are minutes walk from the Marina, the market - which is one of the most animated and picturesque of the Algarve - with a fantastic display of seafood and the local farmers fresh produce. The Ria Formosa Nature Reserve with its beautiful lagoons, marshes and beaches makes it a paradise.

If you are interested please contact the owner Michael Adams on +351 968 965 209 or by email to

About This Property

Category: Hotels Address: Algarve Rua Vasco Da Gama, 5 Olhão Eastern Algarve 8700-522 Portugal For Sale By: Owner Construction Year: n/a Area: 465 m2

Bedrooms: 16 Bathrooms: 6 Sleeps: 37 Stories: 4 Parking Spaces: n/a

Features - Amenities

Furnished Appliances Maid's Bathroom Laundry Room Balcony

Terrace Patio Cable TV Ocean View Mountain View

Ocean Waterfront Fully Licensed Penthouse Appartment Solar Power All Rooms Have Private Shower And Sink

Pictures  (click to view a larger image)

Contact - More Information

Michael Adams   Phone:   +351 968 965 209 Site:   www.pension-bicuar.net Your Name: Your Email: (will not be stored, we will never send you unwanted emails) Your Phone: Your Comments:

Search More Listings

Hotels For Sale in Portugal Hotels For Sale in Western Europe Hotels For Sale in European Union Hotels For Sale in Europe Portugal Real Estate Europe Real Estate All International Real Estate

Hotel Rentals in Portugal Hotel Rentals in Western Europe Hotel Rentals in European Union Hotel Rentals in Europe Portugal Rentals Europe Rentals All International Rentals