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Large Plot With Approved Project, Vale Parra, In Albufeira For Sale

Albufeira, Faro, Portugal
Asking Price:
€12,500,000
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

• Plot Size 100,073,28m²
• 39 Accommodation Units in Hotel Project with 2,000m²
• Mains Water and Drainage
• 2 Boreholes
• Close to Town and Amenities
• Easy Access
• Distance to Beach 4.3km

This large plot is located very close to the centre of Guia, offering fantastic views across the countryside and peaceful surroundings.

The approved project consists of 39 Apartments in a 4* hotel.

20 Accommodation units on Level 1 and 19 accommodation units on level -1. (3 Units on level 1 and 3 units on level -1 will be prepared for people with reduced mobility).

There will be a dining room and respective service pantry, public toilets, a lounge with bar service and a shop to sell products from the farm.

The hotel will have a total of 13 common outdoor parking spaces, 2 of them reserved to receive disabled guests, plus 12 private covered parking spaces in the garage on level -1, totally closed.

On the eastern side of the hotel, relative to the rear east elevation, there will be a swimming pool, divided into two parts, the children's area with 45 cm, and an adult area with two levels, 65 cm and 1.75 m deep, with a transition ramp.

Land:

• Fully Fenced
• 2 Bore holes
• Mains water, electricity and sewage
• 6 Greenhouses
• 1 warehouse with 1 refectory
• 1 sanitary installation
• 1 cabinet and a refrigeration container
• Tank 30m x 10m
• 5 caravans for staff accommodation
• Building for animal housing
• Fruit trees
• Vineyard for table grapes

Property Information

Real Estate:

Real Property Included