The hotel near Guia boasts an impressive 39 accommodation units, a fantastic feature for prospective buyers looking to invest in the hospitality sector. This property, which is in shell construction, is situated on a large plot along the Algarve coast, with beautiful sea views. Each floor is designed to accommodate guests efficiently, with 20 units on level 1 and 19 on level -1, including provisions for guests with reduced mobility. With an anticipated completion date in 2025, this hotel is perfect for those seeking to tap into the lucrative Algarve tourism market. The planned amenities, including a restaurant and lounge bar, are designed to enhance guest experience and generate higher occupancy rates. The location near Guia ensures accessibility to popular attractions and stunning beaches, further enriching the investment opportunity. With its burgeoning tourism market, investing in this hotel offers great potential for return on investment. For serious buyers, this property represents an attractive opportunity to own a part of the vibrant Algarve. Reach out today to discover more!
• 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)
