If you’re looking for a hotel for sale near Galé Beach in the Algarve, this property might be your perfect match. Located just 4 km from the renowned Galé Beach, this hotel is currently in shell construction and set on an expansive plot of approximately 100,520 m². The hotel will offer a total of 39 accommodation units and stunning sea views, ideal for those looking to invest in a thriving tourism area. Scheduled for completion in 2025, the property promises excellent rental income potential in one of Portugal’s most beautiful regions. With close proximity to various town amenities, golf courses, and beautiful beaches, it's a prime opportunity for savvy investors. The hotel will include essential facilities such as a restaurant and breakfast room, which enhances its appeal to guests. Plus, the investment guarantees rental opportunities, ensuring returns for the new owner. If you are seeking to invest in a business that combines both leisure and luxury, this hotel is an ideal choice. Don’t miss out on this exciting investment opportunity. Contact us now to schedule a viewing and explore this unique property further!
• 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)