This hotel for sale sits on an impressive 100,000m² plot in Albufeira, providing ample space for development and flexibility. Currently in shell construction, the hotel will boast 39 accommodation units upon completion in 2025. Ideal for buyers looking to invest in a property with significant rental income potential, it features modern amenities like solar panels and mains water, ensuring sustainability and low operational costs. Notably, the hotel will include communal facilities, such as large outdoor swimming pools, a restaurant, and a lounge area for guests to unwind. The location, just 4 km from Galé beach, guarantees excellent foot traffic from tourists seeking a tranquil yet connected getaway. Surrounded by vibrant local culture and activities, investors can capitalise on the growing demand for hotel accommodation in the Algarve. With its strategic position and design for diverse guest needs, this property promises lasting value and return on investment. Contact us today for more details and to arrange a viewing!
• 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)
