The cost of this stunning hotel in shell construction is currently set at €10,000,000. Located near Albufeira, this property features panoramic sea views and is built on a large plot of approximately 100,520m². With 39 accommodation units scheduled for completion by 2025, it's an excellent investment opportunity for buyers looking to enter the hospitality sector. Situated about 4 km from the popular Galé Beach, this hotel will include amenities such as a restaurant, communal pools, and outdoor parking. The elevated position offers breathtaking views of the countryside and coast, making it perfect for guests seeking a tranquil retreat. The hotel will consist of 39 apartments, some of which are designed for guests with reduced mobility. Furthermore, the property comes with mains water and drainage, solar panels, and two boreholes. For those looking to invest in a thriving tourist area, this hotel promises substantial rental income potential. Additionally, the completed project will enhance the local area and could serve as a lucrative venture for hotel management. Don’t miss this opportunity—contact us now 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)
