Land for sale in Albufeira, Portugal — €13,900,000

Land overview

Land classification in this area is rural. Restrictions associated with the RAN agricultural reserve have been identified in this area. Review the details and confirm all relevant conditions before making a decision.

About this land

Original listing description, in Portuguese.

Urban land for construction of a 4-star aparthotel with 150 accommodation units, for sale, in Vale Navio, Albufeira. The construction area accounts for 19,800m2, with 4,800m2 of basement, with 60,125m2 of total area.The project has 58 T1, 66 T2 and 26 V3. The T1 and T2 apartments have kitchens open to the lounge area, private balconies and 1 or 2 bathrooms, respectively.The V3 villas have 2 different configurations (with or without a garage) and have 3 bedrooms, 2 en suite and private balconies with rooftop terraces.This aparthotel is located 10 minutes from the center of Albufeira and Vilamoura, 15 minutes from Quinta do Lago and 30 minutes from Faro Airport.The hotel project is focused on sustainability and energy efficiency, and is surrounded by wellness areas, commercial areas and also residences. It has pool areas and gardens, as well as recreation areas.