Investing in a hotel near Guia and Albufeira presents an attractive opportunity for several compelling reasons. This hotel, currently under shell construction, will feature 39 accommodation units and is situated on an expansive plot of about 101,520 m², offering potential for further development. Located merely 4 km from the stunning Galé Beach, it is perfectly positioned to attract a steady influx of tourists year-round. The projected completion in 2025, paired with guaranteed rental income, makes it an ideal investment for discerning buyers looking for profitable ventures. This property is designed to fulfil diverse guest needs, including accessibility options. With local amenities and attractions just minutes away, guests can enjoy a full-fledged holiday experience. Investing here also allows you to take advantage of the Algarve's booming hospitality market, promising exceptional returns on investment. Seize this chance to step into the hospitality sector with confidence. Contact us to explore this opportunity further!
• 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)