Villa for sale in São Sebastião, 8100 Loulé, Portugal

£2,562,529 (€2,990,000)
Interested in this property? Call +44 330 098 6232 * or Request Details

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Villa for sale

Property features

  • Public Water Network, Electricity, Green areas, Residential

Property description

Excellent investment project in the centre of the Algarve.This land near Vale Judeu presents an approved project for the construction of a five star Country Hotel specially planned for senior has capacity for 120 beds, distributed by 68 accommodations.Its location makes it just a few minutes away from fantastic beaches, plenty of activities such as water sports, walking and cycling paths, casinos, marinas, shopping centres, excellent restaurants, bars and night clubs, as well as several of the best golf courses in the Algarve.A completely health and wellness oriented project with approx. 5.7 hectares of land and a construction capacity of 2000 sqm.According to project expectations a return on investment of around 21% is expected in the first five years.For further information please contact us.

Property info

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For more information about this property, please contact
Baerz & Co South Europe, on +44 330 098 6232 * (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 Baerz & Co South Europe, and do not constitute property particulars. Please contact Baerz & Co South Europe 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.