Large plot with project to build a 19 room hotel with a golf course, in Vilamoura. This is a great business opportunity in a fantastic location. Alternatively, there is also a project for two luxury villas.
• Plot Size 89,350m²
• Usable Area 1447m²
• Project for golf course
• Approved project for a hotel with 19 rooms and 13 apartments
• Alternative approved project for 2 luxury villas
• Hotel project has approved touristic licence
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 already approved is a hotel with a capacity for 17 double rooms, 2 singles, 6 studios and 7 one bedroom apartments with total build of 995m² from the existing ruin.
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.
• 2 x licensed boreholes
• Easy access from main road
• Existing planning permission for 2 villas
• Mains water and drainage ready to connect
• 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