Investing in this hotel project located near Albufeira offers a unique opportunity for those looking to enhance their portfolio in the hospitality sector. Priced at €10,000,000, this property in Shell Construction allows buyers to complete the 39 accommodation units in line with their vision. Set on a large plot, the hotel will feature beautiful sea views, ensuring a delightful stay for future guests. Located just 4 km from the famous Galé Beach, you can attract holidaymakers year-round, capitalising on strong rental yields. With its design including a restaurant and communal pool, the hotel’s appeal extends beyond just the accommodations. This project is forecasted to complete in 2025, providing an exceptional return on investment and potential for high occupancy rates. Ideal for investors looking to tap into the thriving tourism market in Portugal, this property is a compelling choice. Contact us for details on how to proceed with this 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)
