You can buy a stunning hotel near Praia da Galé in Albufeira, currently in shell construction phase. This property offers an attractive investment opportunity on a large plot of 101,520m², and is set to feature 39 accommodation units that promise substantial returns. Located just 4 km from the beach, completion is expected by the end of 2026, making it ideal for buyers looking to invest in a lucrative tourist area. With an asking price of €12,500,000 for the completed hotel or €10,000,000 for the current stage, this project presents a solid investment in Portugal's Algarve region. The hotel's design includes a large swimming pool and children's pool, ensuring it appeals to families and holidaymakers. Further amenities will consist of a restaurant, lounge area, and service pantry, enhancing its attractiveness for guests. The location is strategic, with proximity to major beaches and golf courses, which contributes to potential high occupancy rates. This investment not only comes with stunning sea views but also guarantees easy accessibility to local amenities. With such a prime position, this opportunity aligns perfectly for those interested in the hospitality industry. Don't miss out on securing a piece of Algarve's vibrant property market. Contact us now to explore this unique opportunity!
• 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)
