The cost of this hotel currently under construction in Algarve is listed at €10,000,000, which is an exceptional price given its impressive features and location. Situated just 4km from Galé Beach and central to local attractions, this investment opportunity allows buyers to enter the hospitality market at an advantageous stage of development.
With 39 accommodation units designed to meet varying guest needs, the hotel is perfect for attracting tourists and families looking for quality stays. Though still in shell construction, the project promises robust potential for appreciation once completed in 2025, ideally positioned to benefit from the ongoing growth in Algarve’s tourist industry.
The site encompasses a substantial plot of 101,520m², offering ample space for outdoor communal areas, including swimming pools and landscaping, enhancing guest experience. Sustainable features like solar panels and access to mains services are also designed to appeal to the eco-conscious traveller, making your offerings more attractive.
Whether you’re an experienced investor or looking for a breakthrough opportunity, securing this hotel now positions you favorably for future income streams as the project nears completion. Local amenities, including dining and entertainment options, are readily accessible, providing a convenient stay for visitors.
Don't miss the chance to invest in a piece of Algarve's beautiful coastline. Reach out to us today and explore how this hotel could become your next successful venture!
• 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)
