Investing in the hotel currently in shell construction near Albufeira will cost you €12,500,000. Located in Vale da Parra, Guia, this premium hotel project includes 39 accommodation units, a large swimming pool, and a children's pool, all designed to provide a family-friendly experience. For buyers seeking a more budget-friendly option, the property can be purchased in its current state for €10,000,000, providing an attractive entry point for investors. The hotel is strategically located just 4km from Galé Beach and is surrounded by essential amenities, making it an ideal choice for both tourists and families exploring the Algarve. The combination of location, approved plans, and the potential for rental revenue makes this property a great investment opportunity in the hospitality sector. Don't hesitate to seize this unique opportunity for your next investment venture. Contact us for more details and to arrange a viewing before it’s too late!
• Hotel, currently in Shell Construction Phase with 39 Accommodation Units
• Plot Size 101,520m²
• Construction Completion: Scheduled End 2026
• 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)
