Hotels near Galé Beach, particularly this project currently under construction, are ripe with investment potential. Located just 4km from the beach, this hotel boasts 39 accommodation units spread across a generous 101,520m², highlighting its capability for substantial income generation. It is available for purchase at €10,000,000, a competitive price for such a promising portfolio in Algarve.
This property is crafted to meet the demands of modern tourists, featuring a design meant for comfort and accessibility, with several units specifically prepared for guests with reduced mobility. Its amenities such as luxurious communal pools and a restaurant provide added attractions that are sure to entice visitors.
With tourism on the rise in the Algarve, the strategic location of this hotel ensures steady rental demand and strong occupancy rates. The proximity to a beautiful beach, combined with exceptional service offered through the on-site facilities, positions this asset as a desirable figure within your investment portfolio.
In addition to appealing architectural features, the surrounding area offers thriving local attractions and an easy-access situation for international travels through Faro Airport, located just 48.4km away. Investors will benefit from both short-term gains and long-term appreciation in value.
Don’t miss this opportunity to tap into the lucrative hospitality market. Contact us now to discuss how this investment can work for you!
• 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)
