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1 200 000 €
Building in Armação de Pêra, Silves
Silves, FaroBuilding in Armação de Pêra with 176 m²
176 m²
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Building for sale
Identificação do imóvel: ZMPT579249 Approved Hospitality Development Project in the Heart of Armação de Pêra, Algarve An exceptional investment opportunity in one of the Algarve’s most sought-after coastal destinations. This hospitality development project comes with approved planning permission for the construction of a modern aparthotel comprising 10 studio units (T0), specifically designed to meet the growing demand for short and medium-term stays in one of Portugal’s strongest tourism markets. Located within walking distance of the beach and surrounded by restaurants, shops, services and leisure facilities, this project offers investors the rare opportunity to acquire a licensed hospitality development in a prime location, significantly reducing the time, uncertainty and risk associated with planning and licensing procedures. The sale includes both the existing building in its current condition and the architectural project designed by renowned Portuguese architect Carvalho Araújo, creating a solid foundation for the development of a contemporary hospitality concept aligned with current tourism trends and international demand. Investment Highlights Approved hospitality development project 10 tourist accommodation units (studio apartments) Gross construction area of 782.20 sqm Prime location within walking distance of the beach Rooftop swimming pool with panoramic leisure area Dedicated coworking space targeting digital nomads and remote workers Common areas including lounge, dining area, buffet support facilities and guest amenities Contemporary concept designed for year-round tourism demand Reduced development risk through existing approved licensing Designed for the Future of Tourism The Algarve continues to rank among Europe's leading tourism destinations, attracting millions of visitors annually thanks to its climate, beaches, infrastructure and international accessibility. Beyond traditional tourism, the region has experienced growing demand from digital nomads, remote professionals and long-stay visitors seeking flexible accommodation solutions that combine comfort, leisure and productivity. This project has been carefully designed to capture these emerging market segments through a modern hospitality concept that integrates accommodation, leisure facilities and work-friendly environments within a single development. Key Competitive Advantages Prime Location Situated in the centre of Armação de Pêra, one of the Algarve's most established seaside destinations, just a short walk from the beach and surrounded by restaurants, retail and tourist attractions. Rooftop Pool and Leisure Area A distinctive feature that enhances guest experience and strengthens the project's positioning within the hospitality market. Coworking Space An increasingly valuable asset for attracting digital nomads, freelancers and remote professionals looking for longer stays throughout the year. Efficient Architectural Design Well-balanced layouts, optimized natural light and functional spaces designed to maximize guest comfort and operational efficiency. Project by Carvalho Araújo An architectural concept developed by one of Portugal's most respected architects, adding credibility, quality and long-term value to the investment. Why Invest? Opportunities combining an approved hospitality project, strategic location and a modern tourism concept are increasingly scarce in the Algarve. For investors seeking exposure to one of Southern Europe's strongest tourism markets, this asset offers the possibility to develop a differentiated hospitality product capable of serving multiple customer profiles and generating long-term value. More than a property acquisition, this is an opportunity to develop a hospitality asset positioned at the intersection of tourism, remote work and lifestyle — three of the most significant drivers shaping the future of travel and accommodation. Contact us for further information, architectural plans, technical documentation and details regarding the existing building. 3 reasons to buy with Zome: Constantly accompanied With the best training and experience in the real estate market, Zome’s agents are fully dedicated to providing you with the best assistance, guiding you with full confidence in the right direction to meet your needs and ambitions. From here onwards we will create a close relationship and carefully listen to your expectations, because our priority is your happiness! Because it is important that you feel you are being accompanied, and that we will be with you every step of the way. Simpler Zome’s agents are given unique training on the market, based on practical experience sharing between professionals and strengthened by applied neuroscientific knowledge that allows them to simplify and make their real-estate experience more effective. Forget about bureaucratic nightmares because with Zome you have the total support of an experienced and multiskilled team
Details
Construction Year- -
Gross Area m²176
ElevatorNo
Private Gross Area m²176
Living Area m²176
GarageNo
Total Lot Size m²239
Price m²6 818 €
Floor- -
Location
Attributes
Equipped Kitchen
Storage Room
Central Heating
Nearby listings
Additional link:https://zome.pt/pt/ZMPT579249
Origin Listing reference:id. ZMPT579249
Publishing date:
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