Special Advertising Supplement Vista Real Hotel Castro Marim
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Special Advertising Supplement Vista Real Hotel Castro Marim - Algarve 1 1. Context and Opportunity 2. Location of the Property 3. General features of the Property 4. Detailed Description 5. Sale Conditions 2 1. Context and Opportunity Castro Marim is a Portuguese town in the District of Faro, Algarve. Its municipality is limited to the north and west by the municipality of Alcoutim, to the east by Spain, to the south by the city of Vila Real de Santo António and the Atlantic Ocean and to the west by Tavira. The Order of Christ (whose origin lies in the Portuguese Templars) was based here between 1319 and 1356, which was the only period when it was not based in Tomar. Every year, at the end of August, Castro Marim hosts a very famous Medieval Fair. This fair attracts many tourists and various artists from all over the world, including dancers, archers, medieval musicians, swordsmen and troupes. It also attracts sellers and different types of craftsmen, such as weavers, blacksmiths, herbalists, etc. 3 1. Context and Opportunity This modern 4-star seaside urban hotel built in 2007 is perfect for all those who are looking for a compromise between the countryside and the beach, and is suitable for both families and companies. It has a total of 28 bedrooms, all with a balcony and facing south, and offers all the necessary facilities for a very pleasant stay. Its central location makes it easy to reach many local attractions, including beaches, restaurants and shopping malls. This hotel, which is only 1km away from the fantastic Castro Marim and Quinta do Vale golf courses, is also perfect for golf lovers. The guests will be able to enjoy the beaches of the Algarve and visit the towns of Altura and Monte Gordo, both of which are only 6km away. The hotel has an outdoor swimming pool available to all the guests. 4 2. Location of the Property The Vista Real Hotel is located in southern Portugal, close to the Spanish border and also to the cities of Vila Real de Santo António (Portugal) and Ayamonte (Spain). N O E S 5 2. Location of the Property N O E S The hotel is located close to the centre of Castro Marim. Vila Real de Santo António is the largest neighboring Portuguese city and Ayamonte, in Spain, is only 20-25 minutes away by car. Monte Gordo, to the south, is nearly 15 minutes away by car. The Faro Airport is 63 Km, or approximately 30 minutes away, via highway A22. Guests coming from Spain should follow the road to Vila Real de Santo António, and then to Castro Marim. 6 2. Location of the Property N O E S 7 3. General features of the Property The hotel has four floors, two of which are below ground level - one is a technical area and the other is a recreational area overlooking the swimming pool, comprising a restaurant, a kitchen and a bar. The reception is located on the ground floor, which also includes the hotel's administration services, a bar and 4 bedrooms for disabled guests. The two upper floors are fully residential, with 24 bedrooms and 4 suites. 8 3. General features of the Property The hotel has panoramic views and a majestic location within the protected area of the river Guadiana, overlooking the southwest coast of the Algarve. All the bedrooms and suites have a south-facing balcony that allows enjoying a magnificent view over the town of Castro Marim, with its imposing Castle, and also over the entire natural reserve of the Guadiana, including the river and the sea. 9 3. General features of the Property The hotel has an outdoor swimming pool for adults with spectacular views, and also a smaller swimming pool for children. The guests will also be able to relax in the restaurant/bar by the swimming pool. 10 3. General features of the Property The facilities of this air- conditioned hotel include an entrance foyer with a reception desk and administration services, a rustic restaurant, a refined bar and a snack bar. The hotel is appealing, not only for families, but also for companies and entrepreneurs by offering conference facilities and allowing the possibility of gathering their teams for both work and training sessions. 11 3. General features of the Property The hotel has 28 bedrooms (24 double bedrooms and 4 suites). All the bedrooms have a private south-facing balcony and lots of natural light, a bathroom with a whirlpool bath and a double bed. They also have a telephone, cable TV and air conditioning. 12 3. General features of the Property The building's external and internal finishings were made using high-quality materials. On the outside, the building is partially plastered and painted, and the remaining area is clad with regional rustic stone. There are various technical facilities, both inside and outside, namely a goods lift, swimming pool equipment, a fire safety water pumping system, equipment related to the solar panels and the kitchens, telecommunications devices and an air-conditioning system. 13 4. Detailed Description Plot Areas: Main building: 13,360 m2 (2 plots with 6,000 m2 + 7,360 m2) Built Area: Main building: 4,925 m2 Services: 2,270 m2 Storage: 2,081 m2 Balconies: 574 m2 (The surrounding areas include a swimming pool, outbuildings, a garden and outdoor parking facilities) • Location: Vista Real Hotel, Sítio Vista Real, Parish of Castro Marim, Municipality of Castro Marim, District of Faro. • Characteristics: • Basement: cisterns, swimming pool equipment, water pumping system (fire safety), solar panel equipment (support), storage rooms; • Semi-basement: restaurant, bar, kitchen/pantry, bathrooms, clothes handling area, refrigerated area; • Ground floor: reception, 2 lounges with bar, administration services, bathrooms, 4 bedrooms for disabled guests; • 1st floor: foyer/corridor,12 bedrooms and 2 suites; • 2nd floor: foyer/corridor,12 bedrooms and 2 suites; • Property Description: Land Registry Office of Castro Marim. Property Registration no. 3406/19920915 and 4543/19970708. Cadastral Record No. 21AP and 19AP1. Owner: Caixa Geral de Depósitos, SA 14 5. Sale Conditions •Sale: • Includes the entire Property • Reference price: available upon request • Payment Terms: • To be agreed • Please submit your offer to the following address : Caixa Imobiliário Av. João XXI, nº 63, 5º 1000-300 Lisboa 15.