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Global Properties

1921m² Land in Almancil, Portugal No. 145347

$ 4 556 760
$ 2 372 per m²
1921 Living space, m²
Almancil, Portugal
Parameters
Living space, m²
1921
ID
145347
Type
Land
Land area, m²
17948
Property description
Land with a total area of 17.948 sq.m, located in the Golden Triangle, with an approved project for a rural tourism enterprise, namely a 4-star Rural Hotel. This plot is located on the site of Ferrarias, near the tourist area of Vale do Lobo, 4 km from Almancil, 5 km from Quarteira and 20 km from Faro. Located in a

Quiet area near the coast, inserted in a landscape with citrus orchards, pines and cork oaks. The Hotel Rural project features an architecture that respects the dominant characteristics of the region and uses sustainable architectural solutions to minimize the environmental impact. With 22 accommodation units, including 20 double rooms and two suites, Hotel Rural has a complementary outdoor activity area and a restaurant/cafeteria with a rooftop terrace.

The planned capacity for the restaurant is 68 seats, for the terrace is 18 seats, and for the terrace/rooftop is 80 seats. In addition, the building of the Rural Hotel also includes an independent house, with the possibility of independent access from the outside.


This property is in one of the most valued locations in the Algarve, known as the Golden Triangle, and is a unique investment opportunity. The project was developed and approved with the utmost respect for the environment and nature, which makes it even more attractive to investors concerned with sustainability.

With a unique natural landscape intended to preserve and enhance, this 4-star Rural Hotel will be a regional reference and an element that enhances the local economy.

Excellent investment opportunity!

AlgarveProperty.com - AMI: 2196 - T.: +351289310310
Features
Features
  • Terrace
Outdoor features
  • Garden
  • Swimming pool
Statistics Almancil
[:nprice_100:]
Price per m²
N/A
Quality of Life Index
N/A
Cost of living Index
Parameters
[:second_city:]
Almancil
Difference
Monthly Rent Cost
1-Room Apartment
$ 1 052
2-Room Apartment
$ 1 052
Apartment Purchase Price per m²
In the City Center
[:nprice_100:]
Outside the City Center
[:nprice_101:]
Crime Index
N/A
Cost of Living and Rent Index
N/A
Purchasing Power Index
N/A
Property Price to Income Ratio
N/A
Safety Index
N/A
Traffic CO₂ Index
N/A
Traffic Inefficiency Index
N/A
Rent Index
31
Health Care Index
N/A
Groceries Index
N/A
Pollution Index
N/A
Traffic Commute Time Index
N/A
Restaurant Price Index
65
Climate Index
N/A
Cost of Living Index
N/A
Quality of Life Index
N/A
Traffic Index
N/A
Restaurants
Meal, Inexpensive Restaurant
$ 14.03
Meal for 2 People, Mid-range Restaurant, Three-course
$ 46.75
McMeal at McDonalds (or Equivalent Combo Meal)
$ 9.35
Domestic Beer (0.5 liter draught)
$ 2.92
Imported Beer (0.33 liter bottle)
$ 4.68
Coke/Pepsi (0.33 liter bottle)
$ 2.22
Water (0.33 liter bottle)
$ 2.34
Cappuccino (regular)
$ 2.34
Markets
Milk (regular), (1 liter)
$ 1.33
Loaf of Fresh White Bread (500g)
$ 2.45
Eggs (regular) (12)
$ 3.31
Local Cheese (1kg)
$ 11.69
Water (1.5 liter bottle)
$ 1.17
Bottle of Wine (Mid-Range)
$ 4.68
Domestic Beer (0.5 liter bottle)
$ 1.31
Imported Beer (0.33 liter bottle)
$ 1.75
Cigarettes 20 Pack (Marlboro)
$ 6.02
Apples (1kg)
$ 2.94
Chicken Fillets (1kg)
$ 7.60
Oranges (1kg)
$ 2.61
Potato (1kg)
$ 1.67
Lettuce (1 head)
$ 1.58
Rice (white), (1kg)
$ 1.99
Tomato (1kg)
$ 2.63
Banana (1kg)
$ 1.53
Onion (1kg)
$ 2.30
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 14.42
Transportation
Gasoline (1 liter)
$ 2.03
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 35 115
Taxi Start (Normal Tariff)
$ 2.34
Taxi 1km (Normal Tariff)
[:nprice_108:]
Taxi 1hour Waiting (Normal Tariff)
[:nprice_109:]
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 39 822
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 140
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 49.68
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 25.71
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 1 862
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
5%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 105
Cinema, International Release, 1 Seat
$ 8.18
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 81.82
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 39.45
1 Pair of Nike Running Shoes (Mid-Range)
$ 111
1 Pair of Men Leather Business Shoes
$ 140
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 851
International Primary School, Yearly for 1 Child
$ 12 857
Contact seller
Contact seller

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