If you're searching for a hotel with breathtaking ocean views in the Algarve, look no further than this prime development near Guia. Set to be completed in 2025, this hotel is currently available for €10 million and sits on a 100,000m² plot overlooking the beautiful coastline. It will include 39 highly sought-after accommodation units, designed to take full advantage of the stunning scenery. The property is conveniently located just 4 km from Galé beach, perfect for attracting holidaymakers seeking relaxation and adventure alike. Additional features include communal pools and dining options, which will enhance the guest experience. This investment not only promises immediate appeal due to its premier location but also offers the potential for substantial rental income. Investors can benefit from the flourishing tourism sector and develop a unique business model tailored to high demand. Don’t miss this chance to secure a spot in one of the most coveted locations in the Algarve—contact us today!
• 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)
