The price of this rural hotel in shell construction near Guia is set at €10,000,000. This substantial investment provides the opportunity to buy a property that will include 39 accommodation units once completed. Located in a stunning setting with sea views, this hotel is designed for future guests looking for a rural getaway in the heart of the Algarve. With an expansive plot of approximately 101,520 square metres, the hotel will benefit from public amenities including a restaurant, lounge bar, and landscaped gardens upon its completion scheduled for 2025. The property's proximity to famous beaches like Galé, just 4km away, makes it a prime location for attracting tourists. In addition to its attractive location, the property is fully equipped with mains water, drainage, and solar panels, reducing operational costs and increasing sustainability. This investment not only promises a luxurious accommodation experience but also offers guaranteed rental income potential. It’s an excellent opportunity for buyers looking to enter the thriving Algarve hospitality market. Don't miss out on securing a piece of this promising investment! Contact us for more details.
• 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)
