This hotel, currently in shell construction, is priced at €10,000,000 and offers 39 accommodation units. Located approximately 4km from the famous Galé Beach and set on an expansive 101,520m² plot, this property is a prime investment for buyers seeking a commercial opportunity in the Algarve. Scheduled for completion by 2025, the hotel will include diverse amenities such as a restaurant, lounge bar, and multiple common areas. With mains water, drainage, and solar panels already in place, this investment promises a sustainable future. The hotel features units across two levels, with provisions for individuals with reduced mobility. It’s ideally situated close to Guia, ensuring easy access to local amenities. Moreover, its elevated position provides stunning countryside and sea views that can enhance the guest experience. This property is perfect for buyers looking for a substantial hospitality investment on the Algarve coast. Explore this promising opportunity and contact us to schedule a viewing today!
• 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)
