Odeleite, Faro

Land with Previously Approved Project for a 3-Star Rural Hotel - Opportunity Near Odeleite Dam. An excellent investment opportunity in the Algarve's inland tourism sector. This 70,620 m² plot comes with a previously approved project for the construction of a 3-star Rural Hotel, featuring a total built area of 1,880 m². Strategic Location Set in a stunning natural environment near the Odeleite Dam, where a new riverside beach is being developed, this site benefits from an excellent location. Just 18 km from the coast, with easy access via the N122, near the IC27 junction, offering quick connections to Odeleite, Alcoutim, Spain, and the Algarve coastline. Project Features The project was designed with two zones featuring horizontal access and internal pathways, including: 27 double rooms, all with private bathrooms and balconies, with a total capacity of 54 fixed beds 3 rooms adapted for guests with reduced mobility Common areas including: lobby, reception, cloakroom, lounge, and games room Dining room with seating for 50 guests Shared sanitary facilities adapted for users with mobility needs Leisure and Wellness Areas The project also included: SPA with indoor pool and jacuzzi, gym, Turkish bath, and sauna 2 outdoor swimming pools Children's playground, tennis court, bike rentals, and fitness trail Creation of a recreational lake integrated into the surrounding landscape Land with a previously approved project by the Castro Marim Municipality. For more information or to schedule a meeting, please contact us. Energy Rating: Exempt #ref:CS-TER-87284