Commercial for sale in Horta, Portugal

nique Opportunity: Property in a Strategic Location in Horta City. Extraordinary investment opportunity! Currently, the property is being operated as a renowned 2-star hotel in the city with enormous potential to become a commercial space. Privileged Location: Situated just 350 meters from Horta Hospital and adjacent to Continente Hypermarket, the hotel enjoys a strategic location that attracts a steady clientele from the central and western islands. The proximity to the hospital ensures a constant occupancy rate throughout the year, with patients and their families seeking accommodation close to the hospital. Versatile Infrastructure: With a gross building area of 840m2, the property currently features 24 rooms and 3 T0 type apartments. However, the possibilities for use are vast. The location in an excellent commercial area allows for the conversion of the building into a spacious and modern commercial space. Additionally, there is space available for expanding the built area, as well as for installing an area dedicated to logistics and customer parking, taking advantage of the generous 5,271m2 of available land. Investment Potential: This property represents a unique opportunity for visionary investors. With a strategic location, there are numerous possibilities for commercial exploitation that guarantee solid and long-lasting financial returns. Don't miss out on this opportunity to acquire a property with unlimited potential. Contact us today to learn more and schedule a visit!