Purchasing a hotel on a large plot in Guia, Algarve offers multiple advantages for savvy investors. This specific hotel, covering approximately 101,520m², is situated near Albufeira’s attractions and the stunning Galé Beach, just 4 km away. The location is not only desirable for guests but also provides excellent access to surrounding amenities and services, enhancing the overall appeal. The shell construction phase of this hotel allows buyers to customise aspects of the project to meet market demands. With 39 planned accommodation units, including facilities for differently-abled guests, you have the opportunity to cater to a wide range of clientele. The property includes lovely communal pools and a restaurant, elevating the guests’ experiences. Moreover, the expected completion date in 2025 positions this investment ahead of the curve in a thriving region. The potential for guaranteed rental income positions this property as a sound investment. The hospitality scene in Algarve is continuously growing, making now the perfect time to step into the market. Explore the possibilities this hotel has to offer! Contact us today to discuss your options further.
• 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)
