Premium New development

44 Bed Hotel for sale

Tavira, Algarve, Portugal

£4,595,972 *  [€5,500,000]

44 Bed Hotel for sale

Tavira, Algarve, Portugal

£4,595,972 *  [€5,500,000]

Property Details


  • Bedrooms: 44
  • Bathrooms: 0
  • Plot size: 52000 m2

Features


  • Double Glass
  • Energy performance certificate – C

Full Description


QUINTA WITH 32 DOUBLE ROOMS PLUS 6 COTTAGES UNDER CONSTRUCTION ON A PLOT OF 52.000,00 SQ.M.
LOCATION
The property is located close to the village of Santa Catarina, which is 5 minutes away. The coastal town of Tavira is approximately 15 minutes drive. The city of Faro and the airport are both approximately 30 minutes drive. There are golf courses 20 minutes away and Spain can be reached within 40 minutes.
TYPE OF PROPERTY
This Quinta is partly constructed and will have to be finished. The property is going to be with 32 double rooms with en-suite bathrooms, 6 private cottages all with access to the swimming pool. A SPA area with treatment rooms, a medical centre, an indoor pool, a sauna and Turkish bath, a gym, offices and a restaurant that can seat 260 people.
The overall construction size is 4.200.00 sq. m.
All the 32 en-suite double rooms are 19.00 sq.m. The ground floor 16 units have their own private gardens.
The six cottages are approx.. 35 sq.m. and consist of a large double bedroom, bathroom and a living room.
ACCESS
The access to the property is via the main road N270 going to Tavira and São Brás de Alportel.
COMMENTS
The property has various possibilities, these could be potentially an hotel and conference centre connected to a local Golf course.
A nursing home or retirement village.
The major electrical and plumbing infrastructure has been completed and the remaining renovation is superficial which may suit some clients who like to choose their own finishes/colours tiles, etc.
The plot of 52.000,00 sq. m. of land supports many mature Mediterranean trees including almonds, Fig, Citrus and Vines, and various shrubs and flowers.
The local shops and bars are within 5 minutes driving distance from the property.
This is a unique opportunity to acquire a property in a very exclusive area which has a vast array of different potential uses.
Energy Rating: C
#ref: CF465
Read more

Map may not show exact location

This property listing (ref: CF465) is an advertisement supplied by Aimcliff Properties and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8356 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.