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BUSINESS OPPORTUNITY- Large Plot with Project for 23 Room Hotel and Golf Course, Vilamoura

1,717,000 $
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Land area: 89,350 m²
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Features
  • Golf course
  • Forest view

• Plot Size 89,350m²

• Usable Area 1447m²

• Project for golf course

• Approved project for 23 room hotel and 22 apartments

• Alternative approved project for 2 luxury villas

• Hotel project has approved touristic licence

This very large plot is located adjacent to the Victoria golf course within the town of Vilamoura with good access and approved project for a 1447m² build for 2 luxury villas on 2 plots of 46,529m² & 42,821m².

A second option just approved (February 2018) is for a 23 room hotel and 22 one bedroom apartments with total build of 2000m² from the existing ruin.

A golf course with clubhouse and parking plus a man made lake with'Wakeboarding' as an alternative business income for the summer months would insure a fantastic return on investment.

For more information and plans please contact us.

Features

Views: Country-side View

Amenities

• 2 x licensed boreholes

• Easy access from main road

• Existing planning permission for 2 villas

• Mains water and drainage ready to connect

Energy Certificate:

Location

• 5 minutes drive into the beaches, marina and amenities of Vilamoura

• Close to restaurants & cafés, international school, horse riding centre & wellness resort

•,700 meters to the nearest golf course

• 25 minutes drive to Faro international airport

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Julia Dorokhina
Julia Dorokhina
Real Estate Expert Tranio in Vilamoura
+44 20 3608 1267
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