You can find a hotel for sale featuring 39 units in the Algarve located in Vale da Parra, Guia, just a stone's throw from Galé Beach. This property, currently in shell construction, is available for €12,500,000, with the option to purchase in its current phase for €10,000,000. The hotel’s design includes 39 spacious accommodation units, situated on two levels, with accessibility options available for guests with reduced mobility. With a large swimming pool and a children's pool planned, this development is well positioned to attract families and tourists alike. Being just 4km from the beach and close to local amenities, this hotel is perfectly located for those seeking a profitable investment in the bustling Algarve region. The approved project also includes a restaurant, lounge bar, and shop, providing ample revenue opportunities. Positioned to take advantage of the area's vibrant tourism market, this property is a rare find. If you are looking for a solid investment opportunity, reach out to us now!
• 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)
