Hotel for Sale, Ferragudo, Lagoa (Algarve), Faro (Algarve), in Portugal

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Property details

• District
  Faro (Algarve)
• County
  Lagoa (Algarve)
• Locality
  Ferragudo

• Area
  6500 m²
• Plot area
  5000 m²
  

• Price
  5.500.000 €
• Energy Rating
  

• Property code
  9071

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Description

Assisted Senior Residences, Project for construction. Portugal, Algarve, Lagoa.
For sale plot of 5000m2 and PROJECT approved for the construction of Assisted Living Residences, totaling 6500m2 of construction area. Approved for 250 beds.
Located in the Algarve, in Lagoa, near private and public hospitals, in a low density area, for a Tourism Unit of Assisted Senior Residences, suitable for the medium-high segment.
In a quiet, safe location, near beautiful small Atlantic beaches, 1 hour from Faro Airport.
JPP has experience and knowledge in selling to both English and French speaking buyers and can guide you in detail and in confidence throughout the entire visitation and purchasing process.
Selling price of the plot and approved project: 5,550,000 euros.
Reference: 9071.
Images of the region.