Great investment opportunity in Salvador, Brazil.



A 4-floor property, with the 4th floor a terrace, beachfront located in one of the main touristic areas in Salvador.



Rio Vermelho neighborhood has a wide array of options such as pubs, clubs, restaurants, beaches, and one of the main nightlife circuits of the town. The property is located at Praia da Sereia, in a very calm street surrounded by local neighbors and businesses - like restaurants, groceries, and bars.



We are near some of the main touristic areas in town, like the Barra-Ondina Carnaval circuit, Pelourinho - and the historic center, Farol da Barra, and Largo de Santana, which makes the place greatly searched by tourists(national and international) during high seasons and all year long.



We are currently available as a Hostel that accommodates up to 16 guests, with 2 bedrooms(10 and 6 bunk beds) with dedicated bathroom each; 1 living room with kitchen and bathroom, sofa, TV, and sea view window; top floor terrace with full sea view, chairs, and reclining chairs. There’s also a laundry area on the top floor.



The house can be converted to different business setups, such as a Hostel(currently), a guest house, a co-working space, a private house for rent, or 3 independent apartments.



Please find pictures below and feel free to reach out if you have questions or clarification inquiries.



Thank you