Investment Property. A plot of almost 9 hectares, with a project for a hotel/apartments in the final phase of approval. An excellent location, conveniently just 5kms from the Vilamoura Marina, the many golf courses, Equestrian Arena, Beaches and more.
This dynamic zone in one of the newest areas of Vilamoura has become increasingly attractive to investors including VilamouraWorld who are currently constructing the UpTown development which will increase the value of this hotel project by offering all the amenities needed
A project for a Golf Course has also been designed for the southern area of the plot where there is currently a fruit orchard, however any sport facility or use could be considered. There are multiple access points with the principle entry point on a main road. A stream running along the south east boundary which provides a natural water source.
The hotel building of 1,344 m2 consists of a mix of bedrooms and apartments with kitchenettes, an underground parking and a roof top terrace with views of this pretty property. The property has an existing ruin and was originally an agricultural farm of indigenous products from the Algarve, namely fruit from the region. The hotel will be built on the site of this ruin.
Faro Airport is 20 mins away.
Abloom Boutique Real Estate is rated by its clients as the best in local market knowledge. Their portfolio of exclusive properties in the Golden Triangle and the Central Algarve country side as well as their ability to always connect the right buyer to the perfect product ensures they are the top choice of realtor for all their client´s future transactions. Their reputation of professionalism, integrity, local market knowledge and that personal touch wins them sale after sale.