The current price for this hotel with stunning sea views in the Algarve is €12,500,000. This property, located near Guia and just 4 km from the beautiful Galé beach, offers an exceptional investment opportunity for buyers looking to own a hotel in a prime area. With 39 accommodation units across a spacious plot of approximately 100,000 m², the hotel is perfect for those seeking a rural hotel experience amidst breathtaking natural beauty. Once completed, this 4-star establishment will provide a restaurant, communal pools, and accessible units for guests with reduced mobility. The hotel promises guaranteed rental income, making it an appealing prospect for investors. You'll appreciate the main amenities like mains water, drainage, and solar panels already in place, ensuring sustainable management of resources. Located just a short distance from the beach, golf courses, and local amenities, this hotel is conveniently positioned for future guests. Ideal for discerning buyers, this development offers excellent ROI potential and fits perfectly into the growing Algarve tourism market. Don't miss out on this unique chance to invest in a property poised for success in the heart of the Algarve. For more information or to schedule a viewing, contact us 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)