The listed price for this hotel in shell construction near Albufeira is €10,000,000. Located on a substantial 101,520 m² plot, this property offers stunning sea views and is positioned approximately 4 km from the renowned Galé beach. The hotel, once completed in 2025, will consist of 39 accommodation units designed across two levels, providing ample space for future guests. Ideal for those looking to invest in the Algarve's thriving tourism sector, this property is perfectly situated close to local amenities and key attractions. Additionally, you'll benefit from mains water, solar energy, and even two boreholes making it a sustainable choice for eco-conscious investors. The structure is designed with various accessibility features, including designated units for people with reduced mobility. Enhancing the attractiveness of this property is the planned presence of a restaurant and communal areas, which will offer guests a thriving atmosphere to enjoy. The building's shell construction provides a unique opportunity for buyers to customize the interior according to their vision and preferences. With the growing demand for quality accommodations, this hotel represents an excellent investment opportunity in a prime location. Don't miss out - contact us today to learn more about this fantastic property!
• 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)
