Faro, Faro 8950

Land with Previously Approved Project for 3 Star Rural Hotel - Opportunity next to the Odeleite Dam. Tourist investment opportunity in the interior of the Algarve. This land with 70, 620m has a previously approved project for the construction of a 3-star Rural Hotel, with a total construction area of 1, 880m. Strategic Location Set in a stunning natural setting, in the vicinity of the Odeleite Dam, where a new river beach is being developed, this place benefits from an excellent location. Just 18 km from the coast, with great access via the N122, next to the IC27 junction, it offers fast connections to Odeleite, Alcoutim, Spain and the Algarve coast. Project Features Distributed in two zones with horizontal accesses and internal paths, the project foresaw: 27 double rooms, all with private bathroom and balcony, with a total capacity for 54 fixed beds 3 rooms adapted for people with reduced mobility Common areas including: lobby, reception, cloakroom, living room and games room Dining room with capacity for 50 seats Common sanitary facilities, adapted for users with reduced mobility Leisure and Wellness Areas The project also included: SPA with indoor pool with jacuzzi, gym, Turkish bath and sauna 2 outdoor swimming pools Children's playground, tennis court, bicycle rental and maintenance circuit Creation of a recreational lake, integrated into the surrounding landscape Land with a history of project approved by the Municipality of Castro Marim. For more information or to schedule a meeting, please contact us.