Land with license to build Charming Hotel in Portugal

Opportunity to build a brand new Charming Hotel in a prime location of the Algarve, Portugal.
 
This opportunity is about a 6.100 square meters plot right in the heart of the Historic Center of São Brás de Alportel.
 
The building conditions have been approved for a hotel to be constructed with a maximum of 55 bedrooms in a privileged location offering clear and opened views over the countryside onto the Atlantic Ocean.

In an exclusive location in the historic village, enjoying a privileged view from the mountains to the sea is located the plot we are promoting.
 
It has a total land area of 6.100m2 right in the heart of the Historic Center of São Brás de Alportel and integrates the \"Historical Architecture Plan\" of the village. This plan has been promoted and approved by the local Town Hall in the Municipal Assembly, being published in the Republic Journal upon ratification by the Ministers Council. The aim of such a plan was to reclassify, develop and promote the noblest part of the village. The planned interventions in the public domain have already been completed.
 
The North side of the plot faces the village’s main square where the Town Hall and the church are located, the East side faces the ancient Roman road Calçadinha, and the South side has a clear and opened view over the countryside onto the Atlantic Ocean.
Within the estate there is a natural spring that flows abundantly throughout the year.
 
The approved building conditions consist of a hotel with a maximum of 55 rooms (110 beds) distributed on three floors with a building area of 4.100m2 (+ underground) over 2.700m2 deployment.
 
Despite the larger approved conditions, there is already a completed project for a 30 bedroom version of the hotel. This project is included in the asking price.

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