A rare investment opportunity in the Algarve region of Portugal - a 101.520 m2 mixed rustic and urban land with an under-construction Rural Hotel (2000m2, 39 units) located near the pristine beaches of Galé, sold turnkey for 7.5M€.
The hotel is poised to be a unique, sought-after destination, with three blocks featuring 39 residential units and a variety of common spaces, including a reception area, bar, restaurant, shop, lounges, and more.
The hotel is located near some of the Algarve´s finest beaches, as well as a renowned golf course, shopping centres, Faro airport, and a marina, making it easily accessible for guests. All units face southeast and feature breathtaking views of the south side of the farm, along with convenient parking, a swimming pool, and a children´s play area.
The property offers multiple opportunities for income generation, including its potential to be transformed into a thriving "communal living" community for remote workers, digital nomads, a crypto-village, a private nursing home, and more.
The property is fully equipped with a variety of assets, including a fenced perimeter, 2 boreholes for water, a complete water/electricity/sewage network, 6 greenhouses, a warehouse, staff accommodations, animal housing, fruit trees, a vineyard, farming machinery, and transportation vehicles.
Invest in a piece of Portugal´s vibrant countryside with this incredible Rural Hotel opportunity. With its prime location and diverse income-generating potential, this is a smart investment for any discerning investor. today for more information.
Main characteristics
2000 m² surface area (21528 sqFt)
10.16 hectares of land (25.11 acres)
N/C
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Price 12,500,000 €
Price / sq metre: €/m² 6,250.00
other currency
Reference:
tarm0007hl
Agency: Tripalgarve Real Estate
Location
This property is in Guia, in Albufeira (district Algarve).
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