The asking price for this magnificent hotel with 39 accommodation units in Guia, Albufeira, is €12,500,000. This property, covering a sprawling 101,520 m² plot, is currently in shell construction, allowing you to customize the finishing touches to fit your vision. Planned to be completed by 2025, this hotel is strategically located near the famous Galé beach, just 4 km away, catering perfectly to the expectations of tourists and holidaymakers. With features in place such as large communal pools, dedicated parking spaces, and provisions for guests with reduced mobility, this investment is geared for success. Buyers will appreciate the guaranteed rental income potential, making this property an attractive opportunity for those looking to invest in a highly sought-after tourist destination. Located within easy reach of local amenities, golf courses, and the beach, the hotel promises a convenient lifestyle for guests visiting the central Algarve. Seize this remarkable chance to invest in a flourishing tourism market. For further details or to arrange a viewing, contact us!
• 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)
