Ref: LOU57 – Prime Land with Approved Development for a Boutique Rural Hotel

Explore an exceptional investment opportunity in the tranquil countryside of the Algarve. This spacious 4,690 m² plot of land, situated in the charming village of Picota, offers breathtaking panoramic views of rolling hills and lush scenery. Conveniently located just a short drive from the vibrant towns of Loulé and Vilamoura Marina, and only 15 minutes from pristine beaches, this property combines rural serenity with easy access to popular amenities.

The property has been thoughtfully designed with a comprehensive development plan submitted to the Loulé Council. The approved project envisions transforming this scenic site into a distinctive rural hotel featuring a welcoming swimming pool dedicated exclusively to guests. The initial plan for a six-room boutique hotel has been revised to accommodate ten luxurious bedrooms, seamlessly integrating the existing residence into the development. Additionally, a dedicated spa area with a modern gym will be positioned in the west corner of the property.

A highlight of this development is a captivating lake, expertly designed to replicate a tranquil beach, providing a peaceful setting for relaxation and leisure. The rooftop terrace offers spectacular views of the surrounding countryside, perfect for unwinding with cocktails or hosting private gatherings amidst stunning vistas.

Nestled in a peaceful rural setting, this property promises a serene escape while maintaining close proximity to essential services and local attractions. The nearby historical town of Loulé boasts a vibrant market, charming cobbled streets, a variety of restaurants, cafés, shops, and reputable schools, making it an ideal location for both investment and lifestyle. The nearby village of Bouliqueime features a beautiful church, quaint streets, local eateries, and a large school, enriching the area's community feel.

For leisure and recreation, numerous beaches such as Falesia, Olhos de Água, Albufeira, Quarteira, and Vale do Lobo are within easy reach. Golf enthusiasts will enjoy access to renowned courses including Vilamoura’s championship courses, PineCliffs, Vila Sol, and Quinta do Lago’s prestigious layouts.

This property presents a rare opportunity to develop a bespoke destination in the Algarve, blending natural beauty, luxury, and lifestyle — perfect for investors seeking to create a remarkable hospitality venture or a stunning private retreat. Turn your vision into reality in this idyllic corner of Portugal’s paradise.

Plot

Data source: https://www.rightmove.co.uk/properties/139175843?currencyCode=GBP#/?channel=OVERSEAS