You can find this commercial property for sale just a short distance away from Galé beach, located approximately 4 km from its shores. This hotel, currently in shell construction, is nestled within a large plot of 101,520 m², providing a unique investment opportunity. In total, the property will feature 39 accommodation units, making it an attractive option for potential buyers looking to capitalise on the burgeoning tourism sector in the Algarve. Additionally, this property will include various amenities such as a restaurant and elegant lounging area, appealing to guests and tourists alike. The upscale design aims to offer stunning views of the sea, making it a major draw for visitors. With completion scheduled for 2025, this hotel presents an ideal situation for buyers wanting to invest in a developing area. With the backing of mains water and solar energy sources, operational costs will be sustainable, ensuring maximum profitability for your investment. This is an incredible opportunity to gain a foothold in a high-demand location. Don’t wait — reach out today for more details!
• 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)
