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€ 1,495,000 £ 1,262,073 $ 1,734,926

Reference PPSS6403

Portimao, Western Algarve

Land

60 Bedrooms

Built in: n/a

5,700m2 Build size

€ 262 £ 221 $ 304 / m2 build

124,400m2 Plot size

€ 12 £ 10 $ 13 / m2 plot

Magnificent Land Of 12.44 Hectares Between Portimão and Alvor - Hotel Project

€ 1,495,000 £ 1,262,073 $ 1,734,926

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Key information

Reference: PPSS6403

Land

Portimao, Western Algarve

60 Bedrooms

Ownership Status: Company

Built in: n/a

5,700m2 Build size

€ 262 £ 221 $ 304 / m2 build

124,400m2 Plot size

€ 12 £ 10 $ 13 / m2 plot

Magnificent land of 12.44 hectares located between Portimão and Alvor and 3 km from the beaches and next to the Golf Course "Alto Golf".

It consists of a set of two rustic and three urban plots, which consists of a Tourist Occupation Area corresponding to approximately 5,700 m2.

The project consists of the construction of a tourism enterprise in rural space, Rural Hotel type
category 4 stars, with a maximum capacity of 60 accommodation units, 120 beds.

Due to topographic conditions and terrain orientation, it was decided to “deconstruct” the
usual hotel in a single building, taking advantage of the existing building for common areas and
service of the hotel and for the distribution of the accommodation units in 6 standard blocks.
At the entrance of the project, the building for the common areas of the project will be located: reception, restaurant, sanitary facilities, personnel facilities and service areas.

From this point and through a pedestrian area, there will be 6 blocks designed as accommodation units, set out in order to enjoy the general views of the land, both north and south, as well as sun exposure.

Through pedestrian access at a central point of the development, the communal swimming pool will be found.

▪ RECEPTION/RESTAURANT:
The main building of the common areas and services of the enterprise will be renovated from the existing building and be located at the entrance, next to the car park. The building will include reception, lobby/seating area, back office, storage, luggage room, sanitary facilities for customers and restaurant. There will also be staff facilities comprising a lounge/cafeteria, toilets/changing rooms and storage areas.
▪ POOL:
In the centre of ​​the project, next to the accommodation units, there will be the main pool, children's splash pool and deck areas. Access will be via pedestrian paths and the female and male health facilities/showers will be located in the common building.
▪ ACCOMMODATION UNITS BLOCKS:
The project will have six blocks of accommodation units, single storey. The accommodation units will be double rooms with a mezzanine for a seating area. The maximum capacity of the development will be 60 units, 120 beds.

Excellent future investment!!!

Features

  • Near bars / restaurants
  • Near shops
  • Near the beach

Key information

Reference: PPSS6403

Land

Portimao, Western Algarve

60 Bedrooms

Ownership Status: Company

Built in: n/a

5,700m2 Build size

€ 262 £ 221 $ 304 / m2 build

124,400m2 Plot size

€ 12 £ 10 $ 13 / m2 plot

The location: Portimao, Western Algarve

Portimão is the second largest city in the Algarve. Located on the bank of the Arade river facing Ferragudo on the opposite bank. Portimão's Atlantic beach of Praia da Rocha has, over the years, become a resort in it's own right with lots of hotels and apartments, restaurants and bars, discos and clubs and shops.

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Want to know more about this property?

Speak to anyone in our team and we will be happy to help.
Send your enquiry through now.

Yours sincerely,
Larisa Marin

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