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Europe   Portugal   Algarve   Algarve

Unique rural eco tourism project with full licence

Real Estate Aljezur



A unique opportunity to develop a rural tourism project of 15 hou

Portugal, Algarve, Algarve

 (Residential and Commercial)

Location on a hill
Location at the sea

Panoramic view
Mountain view

Equipment and accomodation

  37 bedrooms

  Luxury object, New building, Garden, Swimming pool

ready for occupancy

Prices and Sizes
EUR € 1,000,000
plus estate-agent commission: 1.50% for the buyer
940 sq.m
60,000 sq.m
Object description

A unique opportunity to develop a rural tourism project of 15 houses inside the Costa Vicentina Natural Park less than 3 kmtrs from Vale Figueiras beach. All permissions and authorizations; architecture, engineering, construction, and tourism are live and current to permit construction of: 11 x T2s a T1 and a T3 plus a building for group activities with large hall and restaurant, outdoor heated swimming pool with an associated snack bar, multi sports court and children's playground and reception building.The first model villa has already been built to specification in taipa and using specialist eco-friendly techniques. Set in an elevated position on 59 hectares of picturesque rolling rural land this is a fantastic opportunity to develop a touristic paradise in an area where similar permissions are no longer available. Plot Area 59250 m2, House Area 940 m2, Bedrooms 37, Bath Rooms 20. Total costs inclusive total completion is approximately €2.800.000. Yearly ROI is estimated to be around 11%! The living units can be sold individually either during the building process or after completion. All units and facilities must be managed by the resort as part of the tourism regulation. A minimum of 10 units must be completed to validate the continuation of the tourism licence inside the National Park for this project.

3 km
Contact address of the agent/owner
 Baron du Lac Luxury Properties
 North Street
 Station House
 PO91QU Havant (United Kingdom)

+351 91 0987071
+351 282 102852
German, English, French, Portuguese

For further informations contact Baron du Lac Luxury Properties by phone or contact form.

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