£813,963

(€465/sq. ft)

€950,000

7 bed property for sale
Albufeira E Olhos De Água, Albufeira, Portugal

    • 7 beds

    • 5 baths

    • 2,045 sq. ft

Just added
Added on 21/08/2026

About this property

    Albufeira - Downtown - Hostel

    Hostel in operation since 2013, located in the heart of the historic center of Albufeira, just 200 meters from Praia do Peneco and about 5 minutes walk from Praia dos Pescadores.

    The space was designed to provide a relaxed and convivial experience, with several common areas that contribute to the welcoming atmosphere that characterizes the business.

    The rooftop terrace stands out, with a seating area and bar, ideal for convivial moments, as well as the interior patio, the fully equipped kitchen and a large communal table on the terrace.

    The hostel has 7 dormitories for guests, with a total capacity of 34 beds:

    Room No. 1: 8 beds

    Room No. 2: 6 beds

    Rooms 3 to 7: 4 beds each

    There are also 2 rooms for staff, one with 8 beds and the other with 1 bed.

    Bathroom facilities include 2 full bathrooms with shower and changing rooms equipped with 3 toilets and 2 showers.

    With a consolidated activity for more than a decade, the hostel benefits from a central location, close to the beaches, restaurants, shops and entertainment of Albufeira, maintaining a strong connection to the market of national and international travelers.

    This is an opportunity to acquire a functioning tourism business, with structure and operation already in place and an established presence in the center of Albufeira.

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