The price of this remarkable sea view hotel plot near Guia stands at €12,500,000. Spanning a generous 101,520 m², this property is currently in shell construction and promises to deliver a premium accommodation experience upon completion in 2025.
Located just a short distance from the stunning Galé Beach, this development will include 39 apartments designed for guests seeking comfort and scenic views. Potential buyers can expect a well-planned layout, with essential facilities such as a restaurant, swimming pool, and relaxation areas designed to enhance the guest experience.
With guaranteed rental income prospects, this hotel is perfect for investors looking to enter the Algarve hospitality market. Its strategic location ensures easy access to local amenities and outdoor activities. The combination of modern design and panoramic sea views further increases its desirability and investment potential.
Don't miss the opportunity to invest in a property that promises excellent returns and a vibrant guest experience. Reach out today for further details and to explore this exceptional 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)