£1,281,055
(€54.46/sq. ft)
€1,500,000
Land for saleAlbufeira E Olhos De Água, Albufeira, Portugal
27,545 sq. ft
Just added
About this property
Exclusive plot of land with an approved project for a 3-star hotel, named “Branqueira Village, ” located in a prime area of Branqueira, in Olhos de Água, Albufeira. With a total area of 2,559 m2, this plot features an “L”-shaped configuration and a gentle شمال-to-south slope, allowing for a harmonious architectural implementation enhanced by its surroundings.
The project includes a modern and elegant tourist development, with 826 m2 of construction area and 428 m2 of footprint, distributed over 2 floors above ground level and 1 basement level. It comprises 17 rooms (34 beds), reception, lounge, bar, breakfast area, and various technical and support spaces, as well as a swimming pool with changing facilities, designed to provide a distinctive experience.
It offers 19 parking spaces (10 in the basement and 9 outdoors) and fully complies with legal requirements, including accessibility standards. Partially located in a Dispersed Construction Zone, the project is duly licensed and aligned with the local pdm.
A rare investment opportunity in the Algarve, ideal for developing a hotel unit with high profitability potential, close to beaches, golf courses, and main access routes, in an area of growing tourist appreciation.
#ref: 906669
The project includes a modern and elegant tourist development, with 826 m2 of construction area and 428 m2 of footprint, distributed over 2 floors above ground level and 1 basement level. It comprises 17 rooms (34 beds), reception, lounge, bar, breakfast area, and various technical and support spaces, as well as a swimming pool with changing facilities, designed to provide a distinctive experience.
It offers 19 parking spaces (10 in the basement and 9 outdoors) and fully complies with legal requirements, including accessibility standards. Partially located in a Dispersed Construction Zone, the project is duly licensed and aligned with the local pdm.
A rare investment opportunity in the Algarve, ideal for developing a hotel unit with high profitability potential, close to beaches, golf courses, and main access routes, in an area of growing tourist appreciation.
#ref: 906669
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