If you are searching for properties that offer large plots and panoramic sea views in Guia, Algarve, this hotel project is a prime option. Situated on a substantial 100,520m² plot, the property offers impressive sea vistas and is currently priced at €10,000,000. The hotel, which will consist of 39 accommodation units set to be completed by 2025, presents a unique opportunity for buyers looking to invest in a thriving tourist location. Featuring facilities like communal swimming pools, a restaurant, and accessible apartments, it captures the essence of Algarve living. The property benefits from mains water and drainage, solar panels, and even has two boreholes, marking its sustainability. This location is not just about natural beauty; it’s also convenient, being within easy reach of essential amenities and only 4 km from the renowned Galé Beach. This investment not only promises substantial rental income potential but also a chance to be part of a booming hospitality market. Explore this unique property opportunity by contacting 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)