Premium New development

Plot for sale

Albufeira, Algarve, Portugal

£13,787,917 *  [€16,500,000]

Plot for sale

Albufeira, Algarve, Portugal

£13,787,917 *  [€16,500,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0
  • Plot size: 10879 m2
  • Habitable space: 17100 m2

Features


  • Double Glass

Full Description


Plot of land for hotel construction, close to the sea and beach, Albufeira, Albufeira Marina
Plot of land for the construction of a hotel with 250 rooms, spread over 8 floors above the threshold level and 3 below the threshold level. Located on the Passeio dos Oceanos or Cais das Naus, on the first line of the Albufeira marina.
The plot of land is part of Orada's Detailed Plan, with all the maximum levels of land occupation and construction already defined and approved.
The architectural study presented allows us to give an idea of the land use and volumetry of this hotel, based on the indices already stipulated.
The proximity to the historic center of the city, with the different beaches in the western part of the city, as well as a set of shops and services and all the similar hotels (restaurants, bars, etc.), are extremely important factors in demand. by all the tourists who visit us.
The development of Marina de Albufeira is today one of the reference developments in the Algarve, for which the collective public facilities such as the waterfall, central square, games park, diversity of parking and on the other hand ease of access, solar layout of the entire development, maritime tourism activities, diversity of public transport to the area, proximity to a wide range of entertainment and sports that also greatly contribute to the appreciation of Orada.
The Orada area is predominantly tourist, and all development plans have been studied with this objective in mind.
#ref: LV-1176 (PR-151)
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This property listing (ref: LV-1176 (PR-151)) is an advertisement supplied by NOVUSMED and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8356 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.