Over 50 Acres Approved for a Luxury Beachfront Hotel
Loule', Algarve, Portugal
- Executive Summary
- Property Facts
This beachfront parcel includes three plots (over 50 acres) and will accommodate a 400+ room resort in the Algarve region, the southernmost part of Portugal. It is bordered by the Atlantic Ocean to the south and west and the mountains to the north providing spectacular views for a luxury hotel. The region is known for beautiful beaches, clear turquoise waters, mild climate and a vibrant nightlife, making it a popular destination for travelers from all over the world.
The coastline of the Algarve is one of the region’s main attractions, with rugged cliffs, sandy beaches and turquoise waters. There are over 150 beaches in the Algarve, each with its own unique charm and character and some with stunning rock features.
This area is also known for its excellent golf courses with more than 30 courses in the area. Many of these courses are in the area known as the “Golden Triangle,” which includes the towns of Vilamoura, Quinta do Lago and Vale do Lobo, all convenient to this parcel.
In addition to its natural beauty, the region is also home to several charming towns and villages, each with its own history and culture. These towns offer a range of activities and attractions, from historical landmarks and museums to lively bars and restaurants. The area is also famous for its seafood, with many restaurants serving fresh fish and shellfish caught daily in the region’s waters.
The nearest airport to Loulé is Faro (FAO) Airport which is only about eight miles away. The exact location and details will be provided after receipt of an NDA per the owner’s request.