Albufeira (Algarve), Faro (Algarve) 8200-001, Portugal

MLS#: C0205-06267

$1,773,549 USD

€1,700,000 EUR

Minimum sellable space
1,228m²
The details

Property features

Date Updated: Dec 6, 2024

Area

Land/Lot size
1,228m²

Description

Investment opportunity in the Balaia area, land with an approved project for the construction of a 3-star hotel. Located 5 minutes from Sta. Eulália beach, this hotel offers a strategic location to attract tourists. The project includes a large garden and a swimming pool, which are two fundamental elements for those who want to spend their holidays in comfort and close to leisure activities.The rooftop bar offers an unobstructed view of the green pine trees and the sea. The garage and access routes ensure convenience and accessibility for all guests, including those with reduced mobility. With a usable area of 1057.45m² and a total area of 2559m², this project provides enough space to develop a hotel with all amenities.Invest in this land with an excellent location where proximity to the sea, the urban centre, and local attractions come together.For more information, contact us.

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Location

Albufeira (Algarve), Faro (Algarve) 8200-001, Portugal
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