Land for sale
€2,990,000 - Loule FaroDetails
- Price: €2,990,000
- Status: Available
- Internal Reference No.: LCIR-T3544
- Area: 2,000 m2
Overview
Excellent investment project in the centre of the Algarve.
This land near Vale Judeu presents an approved project for the construction of a five star Country Hotel specially planned for senior tourism.
It has capacity for 120 beds, distributed by 68 accommodations.
Its location makes it just a few minutes away from fantastic beaches, plenty of activities such as water sports, walking and cycling paths, casinos, marinas, shopping centres, excellent restaurants, bars and night clubs, as well as several of the best golf courses in the Algarve.
A completely health and wellness oriented project with approx. 5.7 hectares of land and a construction capacity of 2000 sqm.
According to project expectations a return on investment of around 21% is expected in the first five years.
For further information please contact us.
Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2023-12-24, Viewed 3 times.
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