€1,500,000

#ref: 906669

Exclusive plot of land with an approved project for a 3-star hotel, named “Branqueira Village,” located in a prime area of Branqueira, in Olhos de Água, Albufeira. With a total area of 2,559 m², this plot

The project includes a modern and elegant tourist development, with 826 m² of construction area and 428 m² of footprint, distributed over 2 floors above ground level and 1 basement level. It comprises 17 rooms (34 beds), reception, lounge, bar, breakfast area, and various technical and support spaces, as well as a swimming pool with changing facilities, designed to provide a distinctive experience.

It offers 19 parking spaces (10 in the basement and 9 outdoors) and fully complies with legal requirements, including accessibility standards. Partially located in a Dispersed Construction Zone, the project is duly licensed and aligned with the local PDM.

A rare investment opportunity in the Algarve, ideal for developing a hotel unit with high profitability potential, close to beaches, golf courses, and main access routes, in an area of growing tourist appreciation.
#ref: 906669