Plot for sale
Portimao, Algarve, Portugal
£2,147,951 *
[€2,500,000]
Full Description
Health Hotel - Mexilhoeira Grande
A distinctive investment opportunity in the Algarve, ideal for the development of an integrated hospitality, health and wellness concept.
Located in Mexilhoeira Grande, in the municipality of Portimão, this plot of approximately 11,120 m² benefits from a strategic position with excellent visibility from the EN125, providing strong exposure and easy accessibility.
The property also benefits from water supplied by the Odiáxere irrigation canal, an important added value for the maintenance of gardens, landscaped areas and other outdoor spaces within the future development.
A 4-star hotel project with 50 rooms is planned for the site and is currently undergoing approval by Portimão City Council.
The concept has been designed to combine hospitality, healthcare and quality of life, featuring an entire floor dedicated to health services, as well as an indoor and outdoor swimming pool, landscaped gardens, fitness trail, bar/restaurant and gym.
The location, size of the plot, visibility from the EN125 and the project's distinctive positioning give this asset strong potential for investors and operators specialising in hospitality, wellness, health tourism, recovery, longevity and senior tourism.
A project with its own distinctive identity and significant potential for appreciation, in one of the most sought-after regions of southern Portugal.
Energy Rating: F
#ref: T4846
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