This rural hotel in shell construction offers a unique investment opportunity just 4 km from the stunning Galé Beach in the Algarve. With 39 accommodation units set on an expansive 101,520 m² plot, the hotel promises a lucrative return for buyers looking to enter the hospitality industry. Featuring guaranteed rental income, this property is perfect for those seeking to operate a hotel in a sought-after location, easily accessible and close to both amenities and natural beauty. The completed hotel will include essential facilities such as a restaurant, public lounge, and swimming pools, catering to a diverse clientele. With construction completion scheduled for 2025, the timing is ideal to invest now and benefit from the Algarve's booming tourist sector. In addition to the accommodations, the property also boasts mains water supply, solar panels, and boreholes, contributing to lower operating costs. The surrounding area provides ample opportunities for outdoor activities and relaxation, making it an attractive destination for holidaymakers. The proximity to major road networks and Faro Airport further enhances its commercial viability. Don’t miss out on this rare chance to secure a substantial investment in a thriving market. Contact us today to discuss further details and secure your stake in this exciting project!
• 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)
