Properties like this one in Guia, Algarve, stand out for offering guaranteed rental income, making them prime investments for savvy buyers. This hotel, currently in shell construction, features 39 accommodation units and is set to attract a diverse range of guests upon completion in 2025. With a purchase price of €12,500,000, the hotel is located just 4 km from the picturesque Galé beach and surrounded by the natural beauty of the Algarve. This presents a fantastic opportunity as the region’s tourism industry continues to thrive, promising excellent ROI. Designed with guests in mind, this property includes large communal pools, a restaurant, and accessible units for guests with reduced mobility, enhancing its appeal. The elevated position offers captivating views, ensuring a memorable stay for visitors. Local amenities and recreational options add to the allure, placing the hotel in a prime location for attracting bookings. Don’t delay—take advantage of this investment opportunity in a lucrative holiday destination. Contact us for more information 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)