In Central Algarve, several properties for sale, including this unique hotel, provide guaranteed rental income potential. Currently in shell construction, the hotel is located near Guia and Albufeira, on a sizeable plot of approximately 101,520 m². The property features 39 accommodation units and a range of supportive facilities, perfect for attracting guests year-round. Priced competitively, this hotel will be a 4-star establishment upon completion, with expected returns that make it an attractive investment for buyers. With the captivating scenery, including sea views, and proximity to the popular Galé Beach just 4 km away, this hotel is tailored for success in the holiday rental market. Potential investors can benefit from guaranteed rental income while enjoying the comforts and luxury associated with Algarve living. Don’t let this investment slip away; contact us to discuss how this property can benefit 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)
