Luxury Hotel and Golf Resort Development Project in Algarve, Portugal
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Financial Details
- Asking Price:
- $89,000,000
- Profit Metric:
- Net Operating Income (Annual)
- Location:
- Lagoa, Portugal
- Source:
- Date:
- September 16, 2025
Key Highlights
Prime location in Algarve, Portugal, with 260 acres of land and 2.5 km of Atlantic coastline.
Comprehensive development project including a 4-star hotel (151 rooms), luxury villas, apartments, and an 18-hole golf course.
Significant construction potential with approved areas for hotel, apartments, villas, and additional luxury villas on existing ruins.
Description
This listing presents a significant development project for a luxury hotel and golf resort located in the Algarve region of Portugal. The project encompasses 260 hectares of land with 2.5 km of coastline, including access to nine beaches. The master plan includes the construction of a 4-star hotel with 151 rooms, spa facilities, a restaurant, 381 apartments, and 73 luxury villas. Additionally, there are 17 existing ruins that can be redeveloped into further luxury villas. The total planned construction area is 73,940 m2. This is a unique opportunity to develop a high-end tourism complex in a prime coastal location.
Industry Information
- Industry Description:
- Travel
- Classification:
- Travel
Real Estate & Lease
- Status:
- For_sale
- Real Estate Price:
- $89,000,000 EUR
Listing Details
- Listing ID:
- d888e03d-9bc8-4184-8032-6440d34e0809
- Deal Status:
- For Sale
- Date Posted:
- February 03, 2023
- Last Updated:
- September 16, 2025
- Currency:
- EUR
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