This hotel for sale in Albufeira boasts 39 accommodation units, designed to provide comfort and convenience for guests. Currently in shell construction, the hotel is situated on a spacious 101,520 m² plot, ensuring a perfect blend of space and scenic surroundings. The layout includes 20 units on the first level and 19 on the ground level, with accessibility features included for individuals with reduced mobility. The property is expected to be completed by 2025, allowing investors to secure their stake in a thriving area ahead of time. Its strategic location just 4 km from Galé Beach makes it a sought-after destination for holidaymakers and tourists alike. This investment not only promises high occupancy rates and rental yields but also offers the allure of luxury living in the Algarve. The development is set to include essential amenities like a restaurant and leisure facilities, enhancing guest experience. Inquire today to learn more about this promising investment opportunity!
• 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)
