$6,381,894

Land For Hotel And Residential Project In Algarve

  • 204,515 Sqft
  • 34.6 Ac lot
  • Updated: July 9
  • 2
    Views for last 30 days

About the Property

An exceptional project for an international market, in the peaceful Algarve countryside.
A unique opportunity to create a recreational resort, stretched across a stunning landscape of over 140 000sqm.
The zoning of this land is mixed - withTourism- This offers an option of creating a dream lifestyle resort while also having a residential component with mixed use areas for restaurants and
An exceptional project for an international market, in the peaceful Algarve countryside.
A unique opportunity to create a recreational resort, stretched across a stunning landscape of over 140 000sqm.
The zoning of this land is mixed - withTourism- This offers an option of creating a dream lifestyle resort while also having a residential component with mixed use areas for restaurants and services.
The original idea and dream was a senior lifestyle resort for a global market as Algarve offers perfect weather and lifestyle, but this project is adaptable to any developer´s personal vision should you want to re-scale or simplify.

The plannned luxury Apart-Hotel project would offer local and international clients a share option into the apartment section, or will offer dream holidays within an exclusive lifestyle resort, encouraging sports and recreation.

The project may be adapted, obviously, within the PDM parameters, into a different concept.

Approved plans on Land over 140 000 sqm:
Construction area of 19 000sqm made up of:
146 units to let
83 apartments (senior and junior suites)
312 beds for hotel use
Various restaurants,
concert hall,
conference rooms,
spa/relaxation rooms, and gymnasium
indoor /outdoor swimming pool
water features
underground garage
option to create a 9-hole par 3 golf course
tennis courts

Algarve, Southern Portugal, needs these types of senior living destinations and also offers the best year-round weather for it.
The global market is looking for this type of service in this region of Portugal.
Make an appointment with us to explore and discuss this opportunity further.
Energy Rating: In progress
#ref:TER_891
  • Property type

    Land

  • Price/sqft

    $31

  • Emissions

    NI

  • Consumption

    NI

Features

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Santa Barbara de Nexe, Algarve, Portugal View on Google Maps
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The Portugal Property Market

Joined 7 years ago
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The Portugal Property Market
Faro, Portugal
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44
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2019
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The Portugal Property Market
Quarteira, Faro, Portugal
View agency profile
Last updated
July 9
First listed
Apr 5, 2024
Listing reference
TER_891-0518917236
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