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Algarve, Albufeira, Portugal

£1,299,300
€1,500,000
IAD, Porto
PROPERTY TYPE

Land

SIZE

27,545 sq ft

2,559 sq m

Description

Exclusive plot of land with an approved project for a 3-star hotel, named “Branqueira Village,” located in a prime area of Branqueira, in Olhos de Água, Albufeira. With a total area of 2,559 m², this plot features an “L”-shaped configuration and a gentle -to-south slope, allowing for a harmonious architectural implementation enhanced by its surroundings.

The project includes a modern and elegant tourist development, with 826 m² of construction area and 428 m² of footprint, distributed over 2 floors above ground level and 1 basement level. It comprises 17 rooms (34 beds), reception, lounge, bar, breakfast area, and various technical and support spaces, as well as a swimming pool with changing facilities, designed to provide a distinctive experience.

It offers 19 parking spaces (10 in the basement and 9 outdoors) and fully complies with legal requirements, including accessibility standards. Partially located in a Dispersed Construction Zone, the project is duly licensed and aligned with the local PDM.

A rare investment opportunity in the Algarve, ideal for developing a hotel unit with high profitability potential, close to beaches, golf courses, and main access routes, in an area of growing tourist appreciation.
#ref: 906669

Algarve, Albufeira, Portugal

Approximate location

NEAREST AIRPORTS

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

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Learn everything you need to know to successfully find and buy a property in Portugal.

About IAD, Porto

Av. da Boavista 934, Porto Portugal 4100-112

Founded in 2008, iad was born as the 1st digital real estate network made up exclusively of independent consultants. iad's DNA is based on 4 inseparable pillars: entrepreneurship, property, community and international.

In addition to head office support, the 4 pillars are backed up by digital technology and training, which make a major contribution to the success and appeal of the iad model.

With its headquarters in Paris, iad is the largest network of independent real estate consultants in Europe with more than 20,000 consultants and a turnover of 536 million euros.

iad has become the game changer of the real estate market by breaking with the sector's traditional codes, becoming the 1st French Proptech Unicorn.

In addition to France and Portugal, the iad group is also present in Spain, Italy, Germany and Mexico, the UK and the USA (more precisely, the state of Florida).

Notes

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This is a property advertisement provided and maintained by IAD, Porto (reference 906669) 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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