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Algarve, Albufeira, Portugal

€1,498,000
Vip Algarve Property, Albufeira
PROPERTY TYPE

Land

SIZE

27,545 sq ft

2,559 sq m

Key features

  • Total area: 2559 sqm
  • House area: 826 sqm
  • Condition: Project

Description

A rare opportunity in the Algarve: a plot of land with an approved project and building permit for a 3-star hotel, in a privileged location just a few minutes from Santa Eulália Beach and Albufeira town centre.

The project comprises 17 bedrooms, a reception area, garage, technical area for laundry facilities and adapted access, as well as a garden with swimming pool and a rooftop bar overlooking the sea and the surrounding landscape.

Location is undoubtedly one of the project's greatest strengths. The proximity to the beaches, Albufeira, restaurants and all amenities, combined with the strong tourist demand in the area, creates excellent conditions for a hotel operation with income potential and a good return on investment.

More than just a plot of land, this is an already structured and licensed project, ready to move on to the next stage.
REF: VT2018

Algarve, Albufeira, Portugal

Approximate location
Open mapStreet View

NEAREST AIRPORTS

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

Advice on buying Portuguese property

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

About Vip Algarve Property, Albufeira

Avenida Dos Descobrimentos Apart. Lopes Loja A 8200 - 260 - Albufeira

Welcome to VIP Algarve Property where the properties and services are first class and our client's needs are our top priority.

Our professional staff knows and understands what it is like to purchase a new home in a new country, as we have all done it ourselves, this is why, unlike other agencies which aim purely at selling property, our aim is to make sure that our clients are fully informed about the whole buying process.

By offering a continued personalized service, legal advice and multilingual staff available at all times, at VIP Algarve Property we want our clients to feel that they do not have to worry about purchasing property overseas.

Based on a deep knowledge of the local market and a keen sense of good quality properties we can assure you that we will provide you a varied assortment of properties to choose from and view which is why we advise you to take a little time to browse through the properties within our website and compile a list of favourites.

We will be delighted to discuss and show you any property you choose to view.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Vip Algarve Property, Albufeira (reference 138050_VT2018) 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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