Investing in a hotel project with sea views near Albufeira is an exciting opportunity. This hotel, currently in shell construction, consists of 39 accommodation units and is situated on a spacious plot of approximately 101,520m². With guaranteed rental income potential, this property is perfect for buyers looking to capitalize on the lucrative Algarvian tourism market. Situated just 4km from the famed Galé Beach, its location leverages the area's popularity. Planned amenities include a restaurant, communal pools, and extensive parking facilities, making it a fully equipped hospitality business. The hotel’s strategic placement, draped in beautiful sea views, promises to attract both leisure travelers and business clientele. Investment in this property not only offers a robust ROI but also the chance to shape a prominent rural hotel in the heart of the Algarve. With an anticipated completion date in 2025, interested buyers can get in on the ground floor of this vibrant project. Its eco-friendly features, including solar panels and boreholes, enhance its appeal for sustainable investment. The property's elevated position allows for stunning panoramic views, providing a unique selling point that sets it apart from other developments. Don’t miss this chance to invest in a lucrative hotel project that meets both aesthetic and practical needs. Contact us now to explore this investment opportunity!
• 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)
