This expansive plot of land boasts an approved hotel development project, perfectly situated between Paderne and Boliqueime, offering stunning panoramic views of the sea. Located just 15 minutes by car from Vilamoura and 10 minutes from several of the Algarve’s most beautiful beaches, this prime property combines exceptional accessibility with breathtaking scenery. The current development plan features 70 luxurious suite rooms, including 7 premium suites, along with two private villas, inviting swimming pools, and beautifully designed communal areas. The project is currently under review by the local authorities for potential enhancements, including an increase in the approved building footprint from 5,580 square meters. This exceptional opportunity embodies a unique investment in one of the Algarve’s most coveted locations, promising both exclusivity and substantial potential for growth.
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Data source: https://www.rightmove.co.uk/properties/158296946?currencyCode=GBP#/?channel=OVERSEAS
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