Hotel/guest house for sale in Assisted Senior Residences, Project For Construction, Ferragudo, Lagoa, Central Algarve, Portugal

£4,715,945 (€5,500,000)
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Hotel/guest house for sale

Property description

Assisted Senior Residences, Project for construction. Portugal, Algarve, Lagoa.
For sale plot of 5000m2 and project approved for the construction of Assisted Living Residences, totaling 6500m2 of construction area. Approved for 250 beds.
Located in the Algarve, in Lagoa, near private and public hospitals, in a low density area, for a Tourism Unit of Assisted Senior Residences, suitable for the medium-high segment.
In a quiet, safe location, near beautiful small Atlantic beaches, 1 hour from Faro Airport.
Jpp has experience and knowledge in selling to both English and French speaking buyers and can guide you in detail and in confidence throughout the entire visitation and purchasing process.
Selling price of the plot and approved project: 5,550,000 euros.
Reference: 9071.
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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by JPP Real Estate, and do not constitute property particulars. Please contact JPP Real Estate for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.