This hotel project in shell construction represents an exceptional investment opportunity valued at €10,000,000, given its prime location in Central Algarve. Designed to feature 39 accommodation units, the hotel is projected for completion by 2025, targeting the flourishing tourism market that the Algarve region is known for. The property sits on a large plot of 100,520m², offering not just panoramic sea views but also a peaceful environment for guests to enjoy. With high predicted returns from rental income, this investment is ideal for those looking to make a mark in the hospitality industry. Amenities will include a restaurant, communal pools, and well-designed apartments catering to all guests, including those with reduced mobility. Its proximity to Galé Beach, only 4 km away, ensures a steady influx of tourists seeking comfortable accommodations. Adding to its appeal, the hotel capitalizes on the increasing demand for unique holiday experiences in the Algarve, making it a lucrative option for future growth. Don’t let this unique opportunity pass by—contact us now to find out more about 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)
