This hotel, currently in Shell Construction, is available for sale at €10,000,000. Nestled on a spacious plot of approximately 101,520 m², it promises an exciting investment opportunity close to Galé Beach and just 4 km from Albufeira. With 39 accommodation units designed over two levels, buyers will appreciate the well-planned space that includes multiple amenities like a restaurant, lounge, and outdoor pools. The planned completion of this 4-star hotel is set for 2025, providing ample time to capitalise on the lucrative tourism market in the Algarve. The hotel offers guaranteed rental income potential, ideal for those looking to run a rural hotel in a stunning location that is easily accessible. The elevated position grants splendid countryside and sea views, enhancing the guest experience. Furthermore, the property is fully equipped with sustainability features like solar panels and boreholes. Don’t miss out on this unique investment opportunity. Contact us now for more information!
• 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)
