± 3.2 Beachfront Acres With
Approved Plans For a 5 Story ± 50,000 SF Luxury Hotel
Eastern Algarve, Portugal

4.200.000 € (Reduced from 5.500.000 €)

± 3.2 Beachfront Acres in Eastern Algarve, Portugal
Magnificent Location & Investment Opportunity
Includes Approved Plans For a 5 Story ± 50,000 SF Luxury Hotel

"Portugal’s beach-filled southern coastline has long been considered the country’s summer playground, and while the west side has enjoyed the lion’s share of the tourist trade since the 1970s, the east side, stretching from the central city of Faro to the Spanish border, is far more relaxing and infinitely more cool. This is where the smarter Europeans are buying (and renting out) their summer properties, and where hip expats are opening boutique hotels and hot restaurants. The sleepiness of the tiny towns and empty beaches weeds out the people who can’t sit in a chair for more than 10 minutes. The common denominator here, for both locals and tourists, is an innate ability to appreciate life." - The Globe & Mail, June 23, 2016

Explore The Wonders & Beauty of the Eastern Algarve
District: Faro
Municipality: Vila Real de Santo António
Village: Vila Nova de Cacela
Section: Eastern - Vila Real S. A.
Region: Algarve

Referred by Jeffrey Shore to André Brites at Portugal Sotheby’s International Realty - Vilamoura Office