This unique hotel in shell construction near Albufeira is available for €10,000,000 and offers guaranteed rental income potential. With 39 accommodation units designed for comfort and convenience, this property is set to attract both domestic and international tourists. Located approximately 4km from the renowned Galé Beach, it benefits from being in a prime tourist region known for its vibrant atmosphere and beautiful landscapes. The hotel's planning incorporates community amenities, including pools and a restaurant, all aiming to provide guests with a memorable stay. As the Algarve continues to flourish as a hotspot for holidays, investing in this hotel means entering a lucrative market. The architecture and positioning on a large 101,520m² plot enhance its appeal, promising a significant return on investment. Buyers seeking a reliable income-generating property will find this option quite appealing. Call us now to discuss the potential this investment has to offer!
• Hotel, currently in Shell Construction Phase with 39 Accommodation Units
• Plot Size 101,520m²
• Construction Completion: Scheduled End 2026
• 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)
