Development Land in Loulé, Distrito de Faro

Land with a project approved for construction of a Rural Tourism development - Hotel Rural with classification of 4 stars, with a total area of 17,948 m². Perfectly located in Ferrarias on the border of the Vale do Lobo resort, in a countryside with a unique natural landscape, which is intended to preserve, and to enhance the potential of the place by supporting the local economy and services. This land is located in a rural area, lying in a straight line aprox. 2,300 m from the coastline, within a reach of the tourist area of internationally famous Vale do Lobo, 4 km from Almancil, 5 km from Quarteira and 20 km from Faro. Due to the proximity to the coast, beautifully integrated into a landscape of sandy terrain with citrus orchards and mixed vegetation of pine and cork oaks. The 4-star Rural Hotel, with its architectural design and materials to be applied, intends to respect the dominant characteristics of the region where it will be implanted, presenting sustainable architectural solutions in order to minimize the environmental impact as much as possible. Using 100% permeable materials and constructive solutions whenever possible. The Rural Hotel project, with a four-star rating, has 22 accommodation units – 20 double rooms and 2 suites – and 44 fixed beds and 9 convertible beds. With a complementary outdoor activities area (swimming pools) and a restaurant / cafeteria with terrace and roof terrace. The restaurant room has a capacity for 68 seats, the terrace has a capacity for 18 seats and the terrace / rooftop has a capacity for 80 seats. The project of the Hotel also includes the owner's house, with the possibility of independent access from the outside. One of the best rated location - Golden Triangel in Central Algarve, contemporary minimalist architecture design respectful to the eco environment and the advantage of 5 years that took this project to develope and to be approved - those are 3 most important aspects that turn this property into a unique opportunity for your investment in Algarve.

Additional Property Information:
• Bedrooms: 25
• Bathrooms: 24
• External size: 17,948 m²
• Size: 1,921 m²
• Architectural Style: Other
• Reference: Q824F7
• Year of construction: 1900