The Algarve Property Specialists
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BUSINESS OPPORTUNITY- Large Plot with Project for 19 Room Hotel and Golf Course, Vilamoura

Plot in Vilamoura

ref. VM890
1.500.000€
  • NA
  • 887m2
  • 89.350m2

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.

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
• 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.

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