This hotel for sale, conveniently located just 4 km from Galé Beach, is currently in shell construction and presents a unique rental income potential. Priced at €10,000,000, it features 39 accommodation units thoughtfully designed for a variety of guest needs. Nestled on a spacious 100,520m² plot, the property offers stunning sea views and is set in a prime location for attracting tourists. Once completed by 2025, this rural hotel will include essential amenities like a restaurant, lounges, and common outdoor spaces featuring expansive communal pools. The elevated positioning ensures that guests will enjoy breathtaking views, enhancing their overall experience. With the Central Algarve's growing tourism industry, this investment can generate solid returns through seasonal rentals and stable occupancy rates. The proximity to local attractions and access to services makes this hotel a favorable choice for potential buyers. Explore this exciting opportunity and contact us today to learn more and schedule a viewing!
• 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)
