Investors seeking hotel projects in the Algarve with guaranteed rental income will find this property particularly appealing. This hotel development in Guia is currently in shell construction and is ideally located near key attractions like Albufeira’s vibrant scene and the serene Galé Beach, just 4 km away. Featuring 39 accommodation units, the project is designed to attract both local and international tourists, thus enhancing its rental potential. The proposed amenities, including a restaurant, lounge, and communal pools, are tailored for a premium guest experience, contributing to a high occupancy rate. The construction completion is projected for 2025, offering an early entry into a promising market. With significant facilities in place, including parking options and environmentally friendly features such as solar panels, this hotel is set to appeal to environmentally conscious guests. Investing in such a project not only secures a prime piece of real estate but also takes advantage of the lucrative rental income the Algarve tourism market generates. Don't miss your chance to capitalise on this opportunity! Contact us now for more details and explore what this investment can yield!
• 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)
