The hotel near Galé Beach includes a total of 39 accommodation units, making it a desirable investment for those looking to enter the hospitality sector. Currently in the shell construction phase, this property is available for €10,000,000 and is positioned on an expansive plot of 101,520 m². The hotel is located just 4km from Galé Beach, presenting a prime location for tourism.
With anticipated completion in 2025, these accommodation units will cater to a variety of guests, including families and couples seeking a retreat in the beautiful Algarve. The hotel will feature communal pools, a restaurant, and spaces designed for relaxation and leisure.
Additionally, the project integrates sustainable features such as solar panels and mains water supply, encouraging environmentally-friendly practices. The promising potential for rental income makes this property a wise investment choice for serious buyers.
The scenic views of the countryside and sea will create a tranquil atmosphere that guests will appreciate. Furthermore, the proximity to golf courses, schools, and local amenities enhances its appeal for both short and long-term stays.
Investors will find this hotel an intriguing opportunity to tap into the Algarve’s thriving tourism sector. Experience the potential of this property first-hand by scheduling a viewing today!
• 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)
