Hotel developments for sale in the Algarve can be found right here with this impressive project located in Vale da Parra near Guia. The development is already in the shell construction phase and consists of 39 planned units designed for luxurious holiday stays. This prime location, just a short distance from the beach, offers an attractive choice for both potential investors and those looking for property in a thriving tourist area. The price reflects a strong investment opportunity, with the current value set at €12,500,000 for a completed hotel. The property spans a generous 101,520 m², ensuring ample space for a pool and additional guest amenities. Expected completion in late 2026 makes it a strategic opportunity in the bustling Algarve. This hotel will be furnished with top-notch facilities including a restaurant and lounge areas. The Alvarez region remains highly sought after for holiday rentals, making this development a sound financial move. Furthermore, the burgeoning tourist market in the Algarve enhances the appeal for investors anticipating high returns. If you're considering hotel developments in Portugal, don't miss this opportunity. Contact us now for more details!
• 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)
