Explore properties that promise strong rental income, including this hotel under construction featuring large communal pools. With 39 accommodation units, set on an expansive 100,000 m² plot, this development is located near Guia and only 4km from the sought-after Galé Beach.
Investors will benefit from a well-thought-out design that includes ample communal amenities aimed at enhancing guest satisfaction, such as swimming pools for relaxation and recreation. The hotel aims to cater to a wide audience, providing units designed for guests with reduced mobility and inclusive access across the property.
The anticipated completion in 2025 ensures that new owners can realise quick returns once operational. With the Algarve being a top holiday destination, buyers can take advantage of the guaranteed rental income, securing a profitable venture in the bustling hospitality market.
Don't let this opportunity pass you by – secure your future in one of the most desirable regions of Portugal. Contact us now for more information and to arrange a viewing of this promising 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)
