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Hotel for sale in Albufeira and Olhos de Agua

In Albufeira

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  • 64917 m2
24.990.000 EUR

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Hotel for sale in Albufeira and Olhos de Agua

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Hotel for sale in Albufeira and Olhos de Agua

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Hotel for sale in Albufeira and Olhos de Agua

Property Details

  • Reference ADP999
  • Type Land
  • Certification -
  • House area 33441 m2
  • Land area 64917 m2
  • Zone -
  • City Albufeira
  • Region Faro

Description

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Land for sale in Albufeira

Tourist resort in Albufeira at 5 minutes walk from the Center in the hillside above the sea and the marina in the area of housing and consist of 3 lots, with stunning views of the sea, the marina and the city:

Hotel: lot with 12,120 m2 with hotel under construction in hillside with views of the sea. 5 star design with 6 floors, 9,338 m2 of hotel with 106 rooms and 5 suites, all with sea view balcony, 2,914 m2 of parking and technical areas, 3,084 sqm of balconies and terraces including outdoor pool. Includes area with function rooms with exterior areas and independent access. Includes restaurant and bar.

Resort: lot with 31,702 m2 with 50 villas (V3 and V2 25 25) overlooking the marina and the sea and joint support. Above-ground construction area of 11,353 m2, 1,718 m2. All villas have private terraces and balconies, develop in 2 floors and about half have closed parking in the basement. Common building with approved project of restoration and bar with possibility of transformation into a Spa. Is provided for outdoor swimming pool with children's area.

Sports Centre: lot with 21,095 m2 with central building on the ground and with tennis courts and outdoor swimming pools. Inside has gym, bowling, spa circuit, Diner, etc. the project can still be changed within sports health support features. The building will have 3,290 m2 of construction above ground and 1,744 m2 of cellar destined to parking and technical areas. - REF: 999

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  • Air conditioning
  • Walking distance to beach
  • Pool
  • Garden
  • Tennis Court
  • Private condominium
  • Central location
  • Terrace
  • Garage

Advantages of Buying & Living in Portugal

Buying 

Ideal Homes Mortgage Department provides free brokerage consulting and can help you arrange up to 90% financing for your property purchase, at competitive rates. Depending on your circumstances you may also qualify for new residency and tax incentives, learn more here

 

Living 

 1. Over 300 days of sunshine per year
 2. International airport with cheap & easy flights to the UK & Ireland - Over 90 a day in high season
 3. High quality construction and best rising property values in Europe  
 4. Option to enjoy a holiday home and have rental returns as high as 14%
 5. Great residency programs and tax advantages
 6. Beautiful beaches and islands 
 7. Fabulous cuisine, with one of the world's largest selections of wine and seafood  
 8. Award winning golf courses, watersports and a never ending list of activities 
 9. Low cost of living with fantastic quality of life and rich culture 
10. One of the world's safest places to live

 

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