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BUSINESS OPPORTUNITY- Large Plot with Project for 23 Room Hotel and Golf Course, Vilamoura

Plot in Vilamoura

ref. VM890
1.500.000€
Usage
Commercial
Type
Plot
Town
Vilamoura
Parish
Quarteira
Municipality
Loulé, Faro
Region
Algarve (Central)
Living Area
887 m²
Plot Area
89.350 m²
Tarmac, Easy Access
Mains water, Borehole, Mains electric, Mains drainage
Country-side View
● Plot Size 89,350m²
● Usable Area 1447m²
● Project for golf course
● Project for 23 room hotel and 22 apartments
● Alternative approved project for 2 luxury villas

This very large plot is located adjacent to the Victoria golf course within the town of Vilamoura with good access and approved project for a 1447m² build for 2 luxury villas on 2 plots of 46,529m² & 42,821m².
A second option is pending for a 23 room hotel and 22 one bedroom apartments with total build of 2000m² from the existing ruin and should be approved before the end of 2017. A golf course with clubhouse and parking plus a man made lake with 'Wakeboarding' as an alternative business income for the summer months would insure a fantastic return on investment.

For more information and plans please contact us.

Amenities

2 x licensed boreholes
Easy access from main road
Existing planning permission for 2 villas
Mains water and drainage ready to connect

Location

5 minutes drive into the beaches, marina and amenities of Vilamoura
Close to restaurants & cafés, international school, horse riding centre & wellness resort
700 meters to the nearest golf course
25 minutes drive to Faro international airport
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