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COMMERCIAL

Algarve, Albufeira, Portugal

€12,500,000
Tripalgarve, Faro
PROPERTY TYPE

Hotel

BEDROOMS

39

SIZE

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Key features

  • Bedrooms: 39

Description

A rare investment opportunity in the Algarve region of Portugal - a mixed rustic and urban plot of 101,520 m2 with a Rural Hotel under construction (2000m2, 39 units) located near the pristine beaches of Galé, sold turnkey for 12.5M€.

The hotel is set to be a unique and sought-after destination, with three blocks with 39 residential units and a variety of common spaces, including a reception area, bar, restaurant, shop, lounges and more.

The hotel is located close to some of the best beaches in the Algarve, as well as a famous golf course, shopping centres, Faro airport and a marina, making it easily accessible for guests. All units face southeast and feature stunning views of the south side of the farm, along with convenient parking, a pool, and a children´s play area.

The property offers multiple income-generating opportunities, including its potential to be transformed into a thriving "community living" community for remote workers, digital nomads, a crypto-village, a private retirement home, and more.
The property is fully equipped with a variety of assets, including a fenced perimeter, 2 wells for water, a full water/electricity/sewer network, 6 greenhouses, a warehouse, staff accommodation, animal housing, fruit trees, a vineyard, agricultural machinery, and transport vehicles.

Invest in a piece of Portugal´s vibrant countryside with this incredible Rural Hotel opportunity. With its prime location and diversified income-generating potential, this is a smart investment for any discerning investor. Contact us today for more information.

Algarve, Albufeira, Portugal

NEAREST AIRPORTS

Distances are straight line measurements
  • Faro(International)
    20.3 miles

Advice on buying Portuguese property

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About Tripalgarve, Faro

Notes

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This is a property advertisement provided and maintained by Tripalgarve, Faro (reference TARM0007HL_156241) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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