Land for sale in Montinhos Da Luz, Luz, Lagos
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Property features
- Reference: T019
- Total area: 9480m2
- Useful area: 0m2
- Plot area: 54128m2
Property description
The project was pre-approved by City Hall and allows for investors to alter/adapt within the guidelines:
This 3 star rated off plan hotel comprises of three floors but built over four storeys, (sub level for parking, equipment rooms & storage room). Communal roof terrace bar/ lounge for guests to enjoy the views stretching from Monchique mountains out to Praia da Luz sea views.
Project (to be renewed) sits on a massive plot 54,128.10 m2 and the area construction of the planned Hotel, 9,480m, including the round about adn patio / pool area. Main level of the hotel would comprise of reception desk, porter area, internet cabins, guest bathrooms, kitchen, laundry, conference room, lounge & bar area and a spa (max capacity of 50 guests). Hotel with lift service to all levels, both first and second levels with guest rooms. In total there would be four individual suites, 106 rooms as double occupancy, two rooms for persons with disabilities and six private suites.
A study of construction cost(s) was also elborated and can be supplied when consulting with one of our agents.
#ref:T019
Surroundings
View to Beach
View to Countryside
Areas
Gross Area: 9480
Land Area: 54128
Property location is approximate. Please contact the agent for further details.
For more information about this property, please contact
Elite Realty Algarve, on +44 330 038 9877 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Elite Realty Algarve, and do not constitute property particulars. Please contact Elite Realty Algarve 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.