Armação de Pêra Sales

€ 77,500,000

Property Details
  • Property Refrence: AV-PBI-BC1147
  • Agent:
  • Property Type: House / Villa
  • Property status: Sales
  • Property Price: € 77,500,000
  • Bedrooms: 0
  • Bathrooms: 0
  • Built: N/A
  • Country: Portugal
  • Region: Silves
  • City: Armacao de Pera
Description

Land with approved project for large 5 Star Resort. The complex comprises of 3 different 5* Hotels together with 3 different style Villas. 1 x 5* Hotel with a total of 390 rooms and its associated 18-hole golf course. 1 x 5* Beach Hotel with a total of 208 rooms located on the well-known beach known as Praia Grande (Armaçao de Pera) 1 x 5* Aparthotel comprising of 62 Villas allocated to the Beach Village and 269 Villas to the Golf Village Within this huge resort, is also inserted in the project, a set of villas / luxury villas, of which 62 will be Beach Village and 269 Golf Village. In addition to the entire residential area, there will also be a natural park with a lagoon and shopping and commercial retail for guests and owners. This project guarantees a secured and large ROI reflecting significant predicted profits.