Plot for the construction of an Apart Hotel in Algarve

BEACHFRONT - Construction Plot for an Apart hotel

Property type: Plot approved for the construction of an Apart hotel

Construction possibility: 4.067 m2

Construction possibility in levels: 4 + Cellar

Total Plot size: 12.000 m2

Construction occupation on the ground: 1.340 m2

Region: Algarve

3 minutes walking distance to the beach

5 to 15 minutes driving distance to various golf courses

35 minutes driving distance to the international airport of FARO

10 minutes driving distance to the main highway A 22 (SAGRES – FARO – SPANISH BOARDER)

General information’s:

The plot has actually already an approved project for the construction of an apart hotel with 92 apartments,  restaurant, bar, etc..

Each apartment has approximately 42 m2

The council could be also interested in the construction of a hotel, which could be an alternative, in this case the actual project which is already approved has to be changed.

Details of the plot:

Town house water – Mains – Electricity – Phone line are immediately beside the plot.

Peaceful area. Good exposure to the sun. Excellent views countryside and seaside.

The property is completely fenced.

PRICE: 6.500.000 Euros