Central Algarve | Property for sale | Savills
20,677.48 sq ft
Asking price €3,900,000(HK$32,659,392)

Central Algarve

    20,677.48 sq ft(G)
    22Bedrooms

    Key features

    • Building plot with pre-approved project
    • Rural Hotel and 3-Bedroom Villa
    • Plot size 17,948m2
    • Build area 1,921m2   
    • 2 Swimming pools
    • Beautiful Nature surroundings 

    A pre-approved project in Ferrarias-Almancil that includes a charming Rural Hotel and a 3-Bedroom Villa.

    About this property

    • An excellent investment opportunity awaits with this remarkable plot, featuring a pre-approved project for a 22-bedroom Rural Retreat Hotel in Almancil-Ferrarias. With a plot size of 17,948 sqm and construction area of 1,921 sqm, the project includes two pools, a restaurant, a bar, and scenic landscapes that make the most of the native Algarvian trees, such as the Cork Oak trees.The project is dedicated to promoting quality tourism, encouraging genuine interaction with the local environment while preserving the area's unique character. Additionally, it involves the construction of a standalone 3-bedroom villa.

    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.