Hotel/guest house for sale in Loulé, Portugal

£2,438,051 (€2,850,000)
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Hotel/guest house for sale

Property description

Plot of land for construction of 4 star hotel in Loulé Loulé
Plot of land for construction of 4 star hotel in Loulé with 10.350m2 with approved project for 21 units being 16 studio apartments and 5 double rooms.

Located between Loulé and São Brás de Alportel on a sloping plot of land, with panoramic sea views.
All infrastructure available on site such as mains water, sewers, electricity and communications.

The hotel is developed in 3 bodies:
- apartment area;
- pre-existing area (double rooms);
- reception area and restaurant.

It also has accessibility for users of reduced mobility, restaurant for 72 people and swimming pool with 50 meters.

An excellent investment, in a great location with wonderful views.
Ref: PRE_460523

Property location is approximate. Please contact the agent for further details.

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For more information about this property, please contact
Proluna, on +44 330 038 9608 * (local rate)

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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 Proluna, and do not constitute property particulars. Please contact Proluna 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.