The new hotel development near Galé Beach boasts an impressive array of features that are sure to attract both investors and guests alike. Set to complete in 2025, this hotel, currently priced at €10,000,000, includes 39 thoughtfully designed accommodation units designed over multiple levels. Each room will offer scenic views of the beautiful Algarve coastline, enhancing guests’ overall experience. The facility will also feature a restaurant, communal pools, and plenty of outdoor space for relaxation. Sustainable elements are an integral part of the construction, including solar panels and installed boreholes for water management. This hotel will serve as a prime investment, with high expectations for occupancy rates due to its proximity to the beach (just 4 km away) and essential amenities. Perfect for buyers looking to enter the hospitality sector in a stunning location. Act fast to secure this exceptional opportunity in the Algarve!
• 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)
