By 2018-06-06 InCompanies

It’s now official! Carvoeiro Sol Hotel changes hands

The 1970s-era Carvoeiro Sol has been sold for an undisclosed amount to a group of local investors who plan to keep the four-star hotel open all year round and fight the effects of seasonality in the popular seaside town.

The long-established hotel, built in 1973 near the town’s main square overlooking the beach, is expected to undergo major refurbishment work once plans are approved. This is part of a major rebranding strategy that also aims to bring the hotel to a five-star level, confirmed the new owners.

Speaking to the Resident this week, local entrepreneur Carlos Barreira, one of the owners alongside his three investment partners, Alexander Hopt, Marcel Christ and Oscar Pires, said that last winter was possibly the last time that Carvoeiro Sol closed in the low season.

“We want Carvoeiro Sol to become a year-round hotel. We believe in Carvoeiro’s potential and know that businesses can survive the winter if only they remain open, particularly in such a popular tourist destination,” he said, giving his Italian restaurant in the town (Villa Medici) as an example. “In the winter I was serving approximately 100 guests each evening and employed 19 staff.”

The new owners also plan to change the name of the hotel to “Carvoeiro Plaza”, revealed Carlos Barreira.

A refurbishment programme to the tune of €1.7 million had been in the pipeline by the previous owners but this was put on hold pending the sale. Now, new plans have been submitted by the new owners and await approval.

For now, Carlos Barreira confirmed efforts are ongoing to raise the level of comfort of the 54 rooms and basic works will be carried out to give new life to the hotel, “always assuring minimal disruption to guests”.

But what is on the horizon for Carvoeiro Sol goes beyond basic.

Major plans include the construction of shops on the hotel’s ground-level facing the taxi rank, a spa, an indoor swimming pool, two restaurants, an ice cream parlour and, what is expected to be “the icing on the cake”, a rooftop bar boasting views of the main square and sea. All the hotel’s facilities will be open to both hotel and outside guests.

The new owners hope the refurbishment work can start as soon as they get the green light. “The only thing that I can say for sure is that the hotel will no longer be closing for the winter. Carvoeiro needs to become a year-round destination,” said Carlos Barreira.



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