IMLIX Real Estate Marketplace
EUR 8,000,000

Project approved for construction of 146-room hotel in Faro, inserted on land with 14.69 hectares

Listing details

Property for
Sale
Location
Country
Portugal
State/Region/Province
Faro
City
Faro
Posted
May 09, 2022
Description

The investment value for the Hotel project, approved by the municipality of Faro, is 8 million euros plus construction costs estimated at 60 million euros.

The lot size is around 146,915 m2, including hotel deployment with 8327 m2.
The Apart-Hotel will have 83 Apartments and 146 Hotel Rooms.

The property has an amazing pine forest, ideal a 9-hole golf course and an artificial lake or ecological pool.

Faro Airport and a helipad are more than 10 minutes away.

- REF: CS-HOT-85155
Common
Finished sq. ft.
7800 sq m
Lot Size
146915 sq m
Contact information
IMLIX ID
CS-HOT-85155

Agent Details

Artur Cardoso
Member since Nov 10, 2021
Personal Details
Company Name
Portugal Prestige Properties
Country
Portugal
Address
-
Service Type
Selling a Property
Property Type
Apartments
Languages
Portuguese
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