If you're looking to invest in a hotel near Galé Beach with stunning sea views, this property is ideal for you. The hotel is currently in shell construction and features 39 accommodation units spread over a generous plot of approximately 100,520m². Perfect for buyers looking to make a lucrative investment, this property offers beautiful panoramas, and is only about 4 km from the famous beach. Once completed, the 4-star hotel will include a restaurant, a lounge with bar service, and numerous private and communal parking spaces. Located in the picturesque Guia, Algarve, the site not only boasts an easy access route to local amenities and the beach, but also offers potential for guaranteed rental income, making it an attractive prospect. The hotel is equipped with modern facilities, including mains water, drainage, and solar panels, enhancing sustainability and efficiency. Additionally, the development is planned to be finished by 2025, which provides an excellent opportunity to secure a promising investment before it fully launches. With a strong growth outlook in Algarve's hospitality sector, this property has significant rental potential. Don't miss out on this fantastic investment opportunity! Contact us now to schedule a viewing and explore the potential this location offers!
• 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)
