Commercial for sale
Albufeira, Algarve, Portugal
£10,365,702 *
[€12,500,000]
Full Description
Nestled in the heart of the Algarve, this enchanting property with its sprawling 100.000 m² is located in countryside Guia, just 3,3 Km away from Galé Beach and 2,5 Km from Salgados Golf Course.The farmland boasts lush fruit trees and vineyard, six greenhouses, animal housing facilities, two water holes, sizeable 30m x 10m tank, access to electricity and sewage infrastructure, five trailers for staff accommodation, warehouse with a canteen, toilet, office and refrigerated container, four modular houses generating rental income and several vehicles.In the property, a 4-star rural hotel is under construction with an impressive 2000 m² built-in area, comprising three different blocks: two with 39 suites for guest accommodation, and a central block reserved for various guest services as reception area, living room with bar service, dining room, shop and toilets.The hotel will also feature a welcoming swimming pool, along with 13 outdoor parking spaces, and additionally a garage with 12 parking spaces.
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