Purchasing a hotel property in Albufeira, especially this stunning location near Guia, brings countless benefits for potential investors. Currently listed at €12,500,000, this hotel under shell construction has 39 planned accommodation units on a vast 101,520 m² plot, just 4 km from Galé Beach. The prime location in the heart of Algarve promises high tourist traffic, ensuring a solid return on investment through guaranteed rental income. The hotel is designed with various amenities that cater to diverse clientele, including accessible accommodations for guests with reduced mobility. Additionally, the surrounding area offers a wealth of attractions, restaurants, and recreational activities that enhance guest experience. The anticipated completion in 2025 provides time for strategic planning and marketing. With solar energy systems in place, the property not only reduces operational costs but also appeals to eco-conscious visitors. Owning this hotel means tapping into a thriving hospitality market, backed by stunning sea and countryside views that will attract guests year-round. Don't hesitate to invest in this unique opportunity in Albufeira’s booming tourism sector. Contact us to schedule a viewing and learn 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)