Considering a hotel project near Guia, Algarve, is a savvy choice for investors. This specific hotel, currently in the shell construction phase, will boast 39 accommodation units and is positioned to capture both local and international tourists. With expected completion by 2025, the hotel will feature a restaurant, communal pools, and extensive parking, catering to essential guest needs. Its location, just 4 km from the attractive Galé Beach, encourages foot traffic and offers convenience for guests who desire the sun, sand, and surf. The larger plot of approximately 101,520m² provides ample space to enhance guest experiences, making it a unique rural retreat. Additionally, investments in hospitality in this growing region hold the promise of strong rental income and return on investment. The property’s elevated position grants picturesque views of both the countryside and the sea, creating a stunning environment for guests. Furthermore, its incorporation of sustainable features like solar power not only reduces operational costs but also attracts eco-conscious travellers. This hotel project represents a fantastic opportunity to capture the lucrative Algarvian tourism market. Don't miss out on the potential rewards of investing in this flourishing sector. Contact us now to discover more about this development!
• 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)