Address Withheld By Seller, Lake George, CO
Local realty services provided by:LUX Real Estate Company ERA Powered
Address Withheld By Seller,,
$3,500,000
- 103 Acres
- Lots / Land
- Active
Listed by: hunter harrigan
Office: harrigan land company
MLS#:3833770
Source:ML
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Price summary
- Price:$3,500,000
About this home
Unique Land in Melides with Approved Tourism Project – 7 Hectares for an Exclusive 4-Star Rural Hotel Presenting a rare investment opportunity in the heart of Melides: a 7-hectare plot located in one of the most sought-after areas of the Alentejo coast, ideal for those looking to develop a high-value tourism project with remarkable return potential. This impressive property comes with an approved project for the construction of a 4-star Rural Hotel, with a total approved building area of approximately 2,300 m². The project includes: A main building offering 18 beds and all essential hotel services – reception, restaurant, support areas, and more; A prime position for the main building, with planned sea views; 6 independent villas, each with around 140 m², adding 12 additional rooms to the development; A total of 30 rooms, creating a distinctive and high-quality tourism offering perfectly aligned with the strong demand in the region. The licenses are in their final issuance stage, significantly reducing the time between acquisition and the start of construction — a rare advantage in an area where planning approvals are increasingly slow and difficult to obtain. Prime Location The land is situated right next to the village of Melides, offering convenient access to local services, while maintaining enough distance to ensure peace, privacy, and the natural surroundings typical of the region, characterised by pine forests and native vegetation. It is located just minutes away from some of Portugal’s most exclusive beaches: 15 minutes from Aberta Nova Beach, home to the Costa Terra development; 15 minutes from Vigia Beach, where Lobotan is located; 25 minutes from the prestigious beaches of Comporta. A Secure Investment in a Booming Region Melides and the coastline between Comporta and Sines are experiencing exceptionally high tourism demand, coupled with a shortage of newly approved projects. This land stands out precisely because it allows for the immediate start of construction, offering a significant competitive advantage. Additionally, the villas can be sold individually and integrated into a tourism operation model, further maximising return on investment. A Remarkable Opportunity for Visionary Investors...
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Home facts
- Subdivision & Development:N/A
- Listing ID #:3833770
Structure and exterior
- Lot area:103 Acres
Utilities
- Water:Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$3,500,000
- Tax amount:$13,013 (2025)
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