Faro, Faro, Address available on request

Offices
INR ₹313,752,312
EUR €3,500,000
Published on: 06 Mar 2024
Last updated on: 10 Jun 2024
Faro, Algarve
Faro, Algarve
Faro, Algarve
+30
Faro, Algarve
  • 30
Property ID: 120090495437
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Key property information

Land Size
1,574,773.21 sq ft
Faro, Algarve
Details:- It's presented a Tourism Development with about 15 hectares in one of the Algarve's most appreciated areas by several foreign communities. The area is in the parish of Santa Bárbara de Nexe, municipality of Faro. 
 The tourist development that the Algarve has known and in specific the parish of Santa Bárbara de Nexe, parish of the Barrocal, strategically placed between the coast and the mountains, with the sea in the background, enjoying an immense landscape that unfolds along kilometres, on the coast of the Algarve coast, and also in its interior, with valleys and hills providing the calm and quiet so characteristic of the interior Algarve, has in fact been attracting many residents of different nationalities. 
 This property with approved project for a 5 Stars Resort Hotel has the following features : 
       - Total land area - 146.300 m2; 
       - Total construction area - 19.957 m2; 
       - 146 units to let; 
        - 83 apartments (senior and junior suites), with the possibility of being presented as 146 units;  
        - 160 approved fixed beds, plus 152 convertible beds, for a maximum capacity of 312 beds;  
        - 7 restaurants; 
        - Concert Hall; 
        - 4 conference rooms; 
        - Spa, relaxation and gymnasium rooms; 
        - 2 indoor swimming pools 
        - 2 outdoor swimming pools; 
        - 9-hole and indoor golf course; 
        - Tennis courts; 
        - Lakes and water cascades; 
        - Underground garage; 
        - Mini-golf and golf simulator; 
        - Petanca; 
        - Cycling 
  
 This project for a resort with an innovative and different design, offers an environment of tranquility and well-being for all those seeking relaxation and rest. Vast leisure facilities and equipment are designed to provide fun and well-being, leaving behind the daily stress, offering local and international guests the possibility to enjoy a dream holiday in a resort with an exclusive lifestyle that encourages the practice of sports and recreational activities. 
 There is also the possibility of a second project on an additional 320,000 square metres of land less than 1km away from the first. This second project includes : 
 The creation of a pole of ACTIVITIES LINKED TO HEALTH (zone A with buildings for clinics) complemented by a NEXUS OF HOUSING UNITS (zone B, implemented with flat blocks and lots with typologies T3 and T4 or village);A pole of activities linked to health will be complemented by activities of the physiotherapy and mobility recovery type with a complementary sports area and swimming pool;Reuse of the existing ruins complemented by a Glamping campsite solution interconnected with the surrounding areas, promoting its articulation with the installation of mountain bike and maintenance tracks, namely obstacle courses as well as leisure areas. ( zone C );Reorganisation of an area to promote the installation of a farm for fruit production ( zone D )Contacts have already been made with health associations interested in this type of service offering. 
 As the Algarve offers an exceptional climate almost all year round, the global market is looking for this service in this region of Portugal.

Property Details

Basic Info

Property Type
Offices
Land Size
1,574,773.21 sq ft
Building Size
214,817.14 sq ft
Address
Faro, Faro, Address available on request
Contact Agent
Elisabete Nascimento
Elisabete Nascimento
eXp Portugal
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      Property ID: 120090495437

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