The new hotel project in Vale da Parra promises a variety of fantastic amenities for future guests. Anticipated features include a lavish swimming pool, a separate children's pool, and a restaurant that will serve delicious meals. Planned to comprise a total of 39 accommodation units, the hotel aims to cater to various tastes and requirements, including accessibility options on selected floors. Located just 4 km from the beautiful beach and close to Guia, this property is perfectly positioned for both relaxation and adventure. The inclusion of a lounge with bar service will create a welcoming atmosphere for guests looking to unwind after a day exploring the stunning Algarve coastline. With a plot size of 101,520 m², this hotel offers ample space for guests to enjoy panoramic views and landscaped gardens. The cost for this prime investment opportunity is €12,500,000, but it can be acquired for €10,000,000 in its current construction phase, presenting an exciting option for interested buyers. Engage with us to uncover the potential of this remarkable project!
• 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)
