If you’re looking for investment opportunities in hotels with 39 accommodation units, this property near Albufeira is an ideal choice. Currently in shell construction, it is designed for future proprietors keen on entering a vibrant hospitality sector. The hotel is set on a generous plot of approximately 101,520m², ensuring ample space for facilities that can enhance guest experience. Just 4km from Galé Beach, its proximity to popular tourist spots ensures a steady flow of visitors and profitability. With features like communal pools and a restaurant, this hotel aims to meet the needs of diverse customers, increasing its attractiveness. Scheduled for completion in 2025, this investment is not just timely but strategically placed in a region that thrives on tourism. Additionally, the opportunity for guaranteed rental income sets a solid foundation for future earnings. The area’s natural beauty and tourist infrastructure make this property a promising aspect of your real estate portfolio. With its construction incorporating sustainable technologies, this venture aligns well with modern investment values. Seize this opportunity to make a lasting mark in the thriving Algarve hospitality market. Get in touch today to learn more about this significant investment.
• 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)
