Excellent investment opportunity in the city of Loul, in the Algarve, Portugal. A plot of land with 2, 579 square meters is available for the construction of a large hotel or a commercial area. The prime location of the land, next to a hypermarket, in a residential area and close to schools, makes it an excellent choice for investors looking for a central and bustling location.With a construction area of 2, 000 square meters and a possible basement area of 5, 158 square meters, this land allows the construction of a hotel with a volume of 8, 500 cubic meters. With such a large area, it is possible to create a hotel with various amenities, including comfortable rooms, restaurants, a spa, and leisure areas for guests to enjoy.To comply with local regulations, it is mandatory to have 170 parking spaces on site. With the available construction area, this can be easily achieved. The land also offers a possible basement of 5, 158 square meters, which can be used for parking or as additional space for hotel amenities.In addition, PRESTIGEBROKERS offers credit solutions to help you obtain financing for the construction of the hotel or commercial area. With a team of specialized partners, the company can help find the best credit option to meet your financial needs and maximize your investments.Don't miss the opportunity to invest in such a well-located plot of land in one of the most popular regions of Portugal. Check out PRESTIGEBROKERS for more information and start planning your next investment project. Energy Rating: Exempt #ref:PB2023325
Email enquiry to PrestigeBrokers
Property ID: 310097049605
Original Property ID: EDENI-103823122