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Global Properties

19000m² Land in Faro, Portugal No. 107464

$ 4 089 400
$ 215 per m²
19000 Living space, m²
Faro, Portugal
Parameters
Living space, m²
19000
ID
107464
Type
Land
Land area, m²
140000
Property description
Stretching across an area of more than 140,000 m2, the plot of land is located in one of the Algarves most beautiful landscapes, a hilly and verdant region just a few kilometres north of Faro Airport.The site is an oasis of tranquility and recreation situated separated from crowds of tourists and undisturbed by the noise of roads and airplanes, yet only fifteen minutes from Faro Airport, from the center of the city of Faro and from the cities of Loulé and São Brás.The facilitys own nine-hole golf course is located immediately alongside the hotel. In addition to the beauty of the landscape, the golf course also offers considerable challenges, even for professional golfers. Between ancient olive groves and stately oaks, the course from one hole to the next features water hazards and hilly passages with gorgeous views. Plans call for the course to be further developed into a night golfing facility.A particular advantage of this site is its marvellously refreshing microclimate, which is caused by the alternation between warm sunny days and pleasantly breezy nights in this hilly region.
; Located in the area of Santa Bárbara de Nexe, the total area of this plot of land is over 140,000 m2. The local zoning authorities permit the realisation of the following hotel concept: one self-contained hotel building for a 4- or 5-star hotel with an utilisable area of almost 25,000 m2 and an overall construction-area of more than 19,000 m2. Contained in this entire utilisable area are 146 keys/units to let, consisting of 83 apartments, most of them with a senior suite and a junior suite.In addition, generously proportioned areas are planned for: 7 different restaurants and concert hall, conference rooms, spa / relaxation rooms, gymnastics,
indoor / outdoor swimming pool, water landscape, underground garage, a 9 holes par-three golf course directly alongside the hotel, with a separate Golf-House and Golf Restaurant and tennis courts.This is indeed an extremely unusual location that simultaneously offers everything one could desire: serenity and excitement, security and comfortable living conditions.This property is presented by Quintas and Casas, voted the best boutique real estate agency in Portugal in 2024.
Features
Indoor facilities
  • Garage
Outdoor features
  • Garden
  • Swimming pool
Statistics Faro
$ 4 620
Price per m²
164
Quality of Life Index
50
Cost of living Index
Parameters
[:second_city:]
Faro
Difference
Monthly Rent Cost
1-Room Apartment
$ 1 157
2-Room Apartment
$ 930
Apartment Purchase Price per m²
In the City Center
$ 4 620
Outside the City Center
$ 3 555
Crime Index
30
Cost of Living and Rent Index
40
Purchasing Power Index
73
Property Price to Income Ratio
14
Safety Index
70
Traffic CO₂ Index
5958
Traffic Inefficiency Index
141
Rent Index
27
Health Care Index
54
Groceries Index
48
Pollution Index
34
Traffic Commute Time Index
25
Restaurant Price Index
45
Climate Index
98
Cost of Living Index
50
Quality of Life Index
164
Traffic Index
120
Restaurants
Meal, Inexpensive Restaurant
$ 14.06
Meal for 2 People, Mid-range Restaurant, Three-course
$ 42.19
McMeal at McDonalds (or Equivalent Combo Meal)
$ 11.72
Domestic Beer (0.5 liter draught)
$ 2.93
Imported Beer (0.33 liter bottle)
$ 2.34
Coke/Pepsi (0.33 liter bottle)
$ 2.34
Water (0.33 liter bottle)
$ 1.64
Cappuccino (regular)
$ 1.90
Markets
Milk (regular), (1 liter)
$ 1.08
Loaf of Fresh White Bread (500g)
$ 1.55
Eggs (regular) (12)
$ 3.51
Local Cheese (1kg)
$ 14.51
Water (1.5 liter bottle)
$ 1.25
Bottle of Wine (Mid-Range)
$ 5.27
Domestic Beer (0.5 liter bottle)
$ 0.98
Imported Beer (0.33 liter bottle)
$ 3.08
Cigarettes 20 Pack (Marlboro)
$ 6.68
Apples (1kg)
$ 2.67
Chicken Fillets (1kg)
$ 6.35
Oranges (1kg)
$ 1.62
Potato (1kg)
$ 3.25
Lettuce (1 head)
$ 1.45
Rice (white), (1kg)
$ 1.85
Tomato (1kg)
$ 2.68
Banana (1kg)
$ 1.35
Onion (1kg)
$ 2.55
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 11.38
Transportation
One-way Ticket (Local Transport)
$ 3.52
Monthly Pass (Regular Price)
$ 43.36
Gasoline (1 liter)
$ 2.04
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 35 211
Taxi Start (Normal Tariff)
$ 3.87
Taxi 1km (Normal Tariff)
$ 1.17
Taxi 1hour Waiting (Normal Tariff)
$ 22.27
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 39 931
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 141
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 36.33
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 20.36
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 1 465
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
5%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 44.54
Tennis Court Rent (1 Hour on Weekend)
$ 22.27
Cinema, International Release, 1 Seat
$ 11.72
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 74.22
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 46.30
1 Pair of Nike Running Shoes (Mid-Range)
$ 110
1 Pair of Men Leather Business Shoes
$ 107
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 479
International Primary School, Yearly for 1 Child
$ 12 708
Contact seller
Contact seller

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