You can purchase a lucrative coastal hotel investment located just a short distance from Albufeira, specifically near Guia. The property is in shell construction, set to feature 39 accommodation units upon completion, catering to the growing demand for quality hotels in this sought-after region of the Algarve. Situated approximately 4km from the stunning Galé Beach, the hotel is perfectly positioned to attract both leisure and business travellers looking for beautiful seaside experiences. The extensive plot of about 101,520 square metres offers ample opportunities for outdoor amenities, including communal pools and landscaped gardens, enhancing guest satisfaction. Additionally, the property features essential utilities such as mains water and solar panels, providing sustainable hotel operations. With a competitive price of €10,000,000, this investment presents a unique prospect for those aiming for strong rental returns in a popular tourist area. As the project completes in 2025, there remains scope for customization, allowing buyers to align trends and market demands. Ready to explore this enticing investment opportunity? Contact us today for more details!
• 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)