Spanning over 140,000 square meters, this exceptional land parcel is nestled within the stunning and serene landscapes of the Algarve, just a 15-minute drive from Faro Airport and close to the towns of Loulé and São Bras de Alportel. The property has received approved planning permission from the local council to develop a premier self-contained hotel complex designed for a 4- or 5-star establishment. The development plan covers nearly 25,000 square meters of built area, with an overall construction footprint exceeding 19,000 square meters. The proposed hotel will feature 146 guest rooms and suites, including 83 upscale apartments with junior and senior suites, accommodating a total of 312 beds for hotel operation. The resort is thoughtfully designed to include seven diverse dining venues, a concert hall, conference facilities, wellness and spa areas, advanced fitness and relaxation rooms, indoor and outdoor swimming pools, water features, and underground parking. Additionally, there are plans for a charming 9-hole par-three golf course, complete with a dedicated Golf House and Golf Restaurant, along with tennis courts. This visionary project presents a rare opportunity to develop an idyllic countryside resort in the Algarve, offering both luxury and leisure. An excellent investment prospect for those seeking to establish a premium hospitality destination in this renowned region. Interested buyers are encouraged to arrange a viewing today. EPC Rating: B. Reference: FC466GTS.
Land
Data source: https://www.rightmove.co.uk/properties/166576163?currencyCode=GBP#/?channel=OVERSEAS
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Algarve, Santa Bárbara de Nexe, Portugal