Land With Approved Project For Rural Hotel Near Loulé

Land with approved project for rural hotel near Loulé
An investment opportunity for developers within a few minutes of Loulé city centre and close to all amenities. A large parcel of semi-rural land with full project approval for a rural Aparthotel with 21 units divided as 16 one bedroom and 5 twin bedroom apartments, two of which will provide interconnectivity for families. All accommodation will be accessible on the ground floor, with access to the infinity pool and garden. The project also comprises a 72 seater restaurant, open to non-residents. 
This superb opportunity offers secure, comfortable and peaceful family accommodation in one of the Algarve’s most popular locations.
The picturesque market town of Loulé is set in the hills surrounded by scenic countryside and is well known as a cultural and artistic centre. There is a wonderful Saturday street market around the historic fish market in the centre of town with some excellent restaurants, cafes and bars. The local facilities include a good private hospital and many local shops, as well as the huge shopping centre located south of the town.
There are some really impressive properties in the surrounding countryside, many with spectacular country and coastal views and often with large gardens and privacy. Ideal for residential or holiday use there are many local Portuguese as well as all nationalities who chose this lovely area. The old character houses in the town and modern apartments surrounding the centre are ideal for anyone wanting all year round activity with things to do.  
Loulé is located north-west of Faro with Faro International Airport being and the coastal Golf resorts of Quinta do Lago, Vale do Lobo and Vilamoura within 15 minutes drive. The EN125 and Via Infante Algarve motorway access is within 5 minutes and the main line train stops in the local train station.