The shell construction hotel, situated close to the stunning Galé Beach, is priced at €12,500,000. This expansive property includes 39 accommodation units spread over a generous 100,000 m² plot, ensuring ample space for future guests to enjoy their stay in the Algarve.
Anticipated completion is scheduled for 2025, offering a unique opportunity for buyers to secure a property that promises both luxury and investment potential. With the construction phase currently in progress, interested investors have the chance to shape their ideal hospitality offering.
The hotel will feature shared amenities such as large communal pools, a restaurant, and recreational areas, providing an exceptional experience for future guests. Moreover, the close proximity to beautiful beaches ensures high seasonal occupancy rates, generating substantial rental income.
Positioned strategically within one of Portugal’s most desirable tourist destinations, this investment offers a blend of immediate return potential and long-term value. Don’t miss out on the chance to invest in a leading property within the Algarve – contact us for more details on this exceptional hotel opportunity!
• 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)
