Investors will find that the cost for this partially constructed hotel project in Guia is set at €10,000,000. Located near the picturesque Galé Beach and Albufeira, this hotel is an enticing opportunity for buyers wishing to enter the Algarve's thriving hospitality market. It features a substantial plot of 101,520 m² and 39 planned accommodation units. Future completion of the hotel, scheduled for 2026, will include modern amenities such as a large swimming pool, children's pool, restaurant, and lounge areas, perfect for future guests. The property already has essential utilities including mains water, drainage, and solar panels, enhancing its appeal for those focused on sustainable investments. With strategic location advantages, it's only 4 km from the beach and close to local golf courses and attractions, making it an attractive spot for tourists. This unique project is tailored for savvy investors looking to turn a considerable profit in a sought-after area. Explore this rare opportunity to invest in a hotel development today!
• Hotel, currently in Shell Construction Phase with 39 Accommodation Units
• Plot Size 101,520m²
• Construction Completion: Scheduled End 2026
• 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)
