Purchasing a hotel in shell construction within the Algarve region presents unique advantages, particularly with this property near Guia. As of now, this hotel is in its early construction stages but boasts a significant potential for growth. The location offers breathtaking sea views and convenient access to the renowned Galé beach, making it an attractive prospect for investment.
By investing in a hotel still in development, buyers have the unique chance to customise finishes and ensure the property meets modern hospitality standards. This property will comprise 39 accommodation units, a restaurant, and extensive outdoor spaces, ideal for guests looking for a rural retreat. Scheduled for completion in 2025, buyers can benefit from pre-construction prices and plan for a lucrative rental model upon opening.
Moreover, the anticipated tourist traffic to the region supports various operational strategies, including short-term rentals and events. The property’s eco-friendly amenities, including solar panels and mains water, appeal to today’s environmentally conscious guests. If you are interested in exploring this investment opportunity, reach out to us for more details 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)
