You can invest in this shell construction hotel in the Algarve, situated on an elevated plot with magnificent sea views. Priced at €10,000,000, this property offers a fantastic opportunity for buyers looking to shape the hotel into their vision before its completion in 2025. Comprising 39 apartments across two levels, the project caters to a variety of guests, including options for those with reduced mobility. The hotel will also feature a restaurant and ample communal facilities, including children’s pools and outdoor parking. With its strategic location near Guia and a mere 4 km from the beach, this site is perfect for attracting tourists eager for an idyllic holiday experience. Furthermore, the hotel’s design includes renewable energy sources, helping to lower long-term operational costs. The area is known for its picturesque landscapes and welcoming atmosphere, enhancing its attractiveness to visitors. Such a project represents a sound investment in the Algarve's fast-growing tourist sector. Those interested in a venture with high ROI potential will find this hotel concept hard to ignore. Take the first step towards making this investment by contacting us to learn how to proceed with your purchase!
• 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)
