Central Algarve | Property for sale | Savills
1,068 sq m
Asking price €1,200,000($1,950,865)

Central Algarve

    Building plot
    1,068 sq m
    10Bedrooms

    Key features

    • Spa
    • Gym
    • Lake

    An approved boutique hotel project in the picturesque area of Picota, near Boliqueime.

    About this property

    • With 10 luxurious bedrooms, each meticulously designed to offer the perfect blend of comfort and elegance. Step into the spacious living areas, the inviting ambience draws you in, while the stylish dining room promises memorable culinary experiences. The state-of-the-art kitchen is set to be a haven for culinary creativity.Nestled in the west corner of the property is a serene spa and gym area, dedicated to providing guests with the ultimate relaxation experience. Just outside, a unique lake, beautifully shaped like a beach, creates a tranquil oasis, perfect for strolls or simply soaking in the beauty of the surroundings.The crowning jewel of this exquisite development is the rooftop area, designed for cocktails and events. Here, you can sip your favourite drink while taking in the panoramic views of the stunning landscape, a perfect backdrop for any occasion. Set on a generous plot of 4690m² with a build size of 1068m², this boutique hotel will boast magnificent sea views, making it an idyllic retreat. This project represents a fantastic opportunity to invest in a high-end hospitality venture in one of the most desirable areas. The combination of luxury, location, and breathtaking views ensures that this boutique hotel will be a standout destination for discerning travellers.

    Local information

    • The central part of the Algarve includes towns towards the west, starting with the quaint village of Carvoeiro, and beautifully located beach towns such as Armaçao de Pera, Albufeira and Olhos de Agua. The Golden Triangle comprises Quinta do Lago, Vale do Lobo and Vilamoura. The capital of the Algarve is Faro with the international airport and a lively old town. Towards the east, the market town Olhão is located on the Ria Formosa with its stunning intercoastal waterways and barrier islands. The central Algarve features exceptional facilities for all. Championship golf courses throughout the region, a world-class marina in Vilamoura and shopping and dining for all tastes. Infrastructure is superb and the area is exceptionally well prepared to welcome and charm travelers with the highest standards from around the globe.