Investing in this hotel near Galé beach offers significant potential, with a purchase price of €10,000,000 for a property under development set to complete in 2025. The hotel occupies an expansive 100,000m² plot and will feature 39 accommodation units, making it perfect for buyers looking to tap into the growing tourism market in the Algarve. Features such as mains water, drainage, and solar energy systems further enhance its appeal, ensuring operational efficiency and sustainability. Plus, with a guaranteed rental income, this property provides an attractive ROI for investors seeking to capture the lucrative travel sector. Located only 4 km from the beach, the hotel will serve tourists year-round, allowing for flexible business operations. Its close proximity to Guia and Albufeira makes it an accessible and desirable holiday destination. The design focuses on a mixture of comfort and modern amenities, including a restaurant and lounge area, which will cater to the needs of guests. The area is known for stunning sea views and outdoor activities, positioning this hotel as a fantastic investment opportunity. Don’t miss out on this unique chance—contact us today to explore this property further!
• 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)
