Explore our exceptional hotel project located in Vale da Parra, just a short distance from Galé Beach. This partially constructed hotel showcases stunning sea views and is set on a spacious plot of 101,520 m². With 39 planned accommodation units, including facilities for guests with reduced mobility, this investment opportunity is perfect for buyers looking to make a mark in the burgeoning Algarve hospitality scene. The hotel will include a restaurant, lounge with bar service, and desirable amenities such as a large swimming pool and children's pool. Additionally, the property's elevated position offers panoramic views of the countryside and sea, appealing to guests seeking both relaxation and adventure. Planning for completion is set for the end of 2026, potentially allowing for early investors to benefit from significant appreciation in value. The asking price for this fantastic project is €12,500,000, or €10,000,000 if purchased in its current shell construction form. This offers incredible flexibility for developers or investors who wish to customise their approach. With close proximity to local amenities and beautiful beaches, this location is a prime spot for building a profitable hospitality enterprise. Contact us now to learn more about this remarkable investment 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)
