Business Opportunity- Large Plot With Project For 23 Room Hotel And Golf Course, Vilamoura
• 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.
Amenities: • 2 x licensed boreholes • Easy access from main road • Existing planning permission for 2 villas • Mains water and drainage ready to connect
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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