Discover a one-of-a-kind investment opportunity in the serene Algarve countryside. This expansive 4,690 m2 parcel of land is nestled in the charming village of Picota, set amidst rolling hills and just a stone's throw from Bouliqueime. With a mere 10 to 15minute drive, you can reach the bustling hubs of Loulé and the prestigious Vilamoura Marina, and in just 20 minutes, you'll be soaking up the sun on the nearest pristine beaches.
The potential of this land is truly exceptional. A visionary project has been thoughtfully crafted and submitted to the Loulé Council, aiming to transform this picturesque property into a unique rural hotel with an inviting swimming pool, exclusively designated for Tourism. The initial plan for a 6-room hotel was already approved, but an updated proposal has been set forth to expand the project to a total of 10 luxurious bedrooms, in addition to incorporating the existing house. The west corner of the land will host a rejuvenating Spa area with a well-equipped gym.
Adding to the charm of this venture, a stunning lake, thoughtfully designed to resemble a tranquil beach, will adjoin the hotel. Imagine leisurely strolls around this idyllic water feature. Furthermore, the cozy rooftop area offers the perfect spot for relaxation, sipping cocktails, or hosting private events, providing breathtaking panoramic views of the lush surrounding countryside.
Nestled in a peaceful location, this plot of land showcases magnificent vistas of the countryside, ensuring a tranquil escape from the hustle and bustle of daily life. Yet, it remains conveniently close to all essential facilities, promising a harmonious blend of rural serenity and accessibility. This property represents more than just an investment; it's an opportunity to create a remarkable destination that captures the heart of the Algarve. Seize this moment to transform your vision into reality in this charming corner of Portugal's paradise.