Property for sale
Faro City, Algarve, Portugal
£2,951,345 *
[€3,500,000]
Full Description
Stretching across an area of more than 140,000 m2, the plot of land is located in one of the Algarves most beautiful landscapes, a hilly and verdant region just a few kilometres north of Faro Airport.
The site is an oasis of tranquility and recreation situated separated from crowds of tourists and undisturbed by the noise of roads and airplanes, yet only fifteen minutes from Faro Airport, from the center of the city of Faro and from the cities of Loulé and São Brás.
The facilitys own nine-hole golf course is located immediately alongside the hotel. In addition to the beauty of the landscape, the golf course also offers considerable challenges, even for professional golfers. Between ancient olive groves and stately oaks, the course from one hole to the next features water hazards and hilly passages with gorgeous views. Plans call for the course to be further developed into a night golfing facility.
A particular advantage of this site is its marvellously refreshing microclimate, which is caused by the alternation between warm sunny days and pleasantly breezy nights in this hilly region.
Located in the area of Santa Bárbara de Nexe, the total area of this plot of land is over 140,000 m2. The local zoning authorities permit the realisation of the following hotel concept: one self-contained hotel building for a 4- or 5-star hotel with an utilisable area of almost 25,000 m2 and an overall construction-area of more than 19,000 m2. Contained in this entire utilisable area are 146 keys/units to let, consisting of 83 apartments, most of them with a senior suite and a junior suite.
In addition, generously proportioned areas are planned for: 7 different restaurants and concert hall, conference rooms, spa / relaxation rooms, gymnastics,
indoor / outdoor swimming pool, water landscape, underground garage, a 9 holes par-three golf course directly alongside the hotel, with a separate Golf-House and Golf Restaurant and tennis courts.
This is indeed an extremely unusual location that simultaneously offers everything one could desire: serenity and excitement, security and comfortable living conditions.
This property is presented by Quintas and Casas, voted the best boutique real estate agency in Portugal in 2024.
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