Purchasing a hotel in shell construction with 39 accommodation units is a strategic investment for buyers looking to enter the hospitality industry. This property is currently available for €12,500,000 and is located near Guia in beautiful Algarve, just 4 km from Galé Beach. Set on a large 101,520 m² plot, the hotel is designed to provide ample space for development and features mains water along with solar energy systems. With the completion projected for 2025, this opportunity allows investors to step into a brand-new project in a prime location. The hotel layout includes a mix of accommodation types, ensuring that it caters to a diverse clientele. Future visitors will enjoy stunning sea views and a range of amenities right on their doorstep. The property also boasts a potential for guaranteed rental income, appealing for those eager to ensure profitability. Surrounding attractions and easy access to local amenities make it an attractive choice for guests, enhancing the hotel’s appeal. This remarkable investment opportunity is waiting for the right buyer to bring it to fruition. Explore your options today and contact us to learn more about this exciting project!
• Hotel, currently in Shell Construction Phase with 39 Accommodation Units
• Plot Size 101,520m²
• Construction Completion: Scheduled End 2025
• Mains Water, Drainage and Solar Panels
• 2 Boreholes
• Close to Town, Amenities and Beach
• Easy Access
• Distance to Beach 4km
The rural hotel, once completed, is located on an elevated position overlooking the countryside and also towards the sea.
The 4* hotel will consist of 39 Apartments. 20 Accommodation units on Level 1 and 19 accommodation units on level -1. (3 Units on level 1 and 3 units on level -1 will be prepared for people with reduced mobility).
There will be a restaurant/breakfast room and respective service pantry, public toilets, a lounge with bar service and a shop to sell products from the farm.
The hotel will have a total of 13 common outdoor parking spaces, 2 of them reserved to receive disabled guests, plus 12 private covered parking spaces in the garage on level -1, totally closed.
The property can be purchased in its current phase of development for 10,000,000€.
Land:
• Fully Fenced
• 2 Boreholes
• Mains water, drainage and solar panels
• Warehouse and Greenhouses
• 1 warehouse with 1 refectory
• 1 sanitary installation
• 1 cabinet and a refrigeration container
• Tank 30m x 10m
• Fruit trees and vegetable garden
Location
• Distance to Sea – 2.6km
• Distance to Beach – 4km
• Distance to Nearest Golf – 2.8km
• Distance to Faro Airport – 48.4km
• Distance to Nearest School – 1.6km
• Distance to Nearest Town – 3.8km (Guia)
