Hotels represent an investment of nearly €108 million
The first stone was laid this Tuesday afternoon at Lagos Marina Hotel, a tourist development just a stone’s throw away from the Lagos Marina.
The development will feature two hotels – the five-star Lagos Marina Hotel, Curio Collection by Hilton, with 189 rooms, and the four-star Hilton Garden Inn Lagos, with 90 rooms. Due to open in 2026, the development represents a €107.8 million investment and is expected to create 188 direct jobs.
The Lagos Marina Hotel’s 180 rooms will be spread over four floors and a total area of 14,776sqm. It will also feature a restaurant and two bars, one of which will be located on the terrace with an infinity pool. Additionally, there will be a second pool on the ground floor, where “guests can relax after a day at the spa or the fitness facilities.”
Meanwhile, the Hilton Garden Inn Lagos will offer 90 rooms, 27 of them suites with kitchenettes, within a total gross area of 7,505sqm. It will also feature a bar, a restaurant, and a 24-hour self-service shop, as well as a gym and an outdoor pool. Both hotels will offer meeting spaces, as well as more than 160 parking spaces shared between them.
The press statement released by the group also says the hotels were signed to take full advantage of the Algarve’s unique solar exposure, “harmoniously integrating the property into the surrounding space, filled with lush gardens and incomparable views”.
“It is with great satisfaction that we witness the beginning of the construction of this ambitious project in Lagos, which once again clearly illustrates the commitment of the Mercan Properties Group to offer high-quality projects for our clients and, above all, for the regions where we invest, believing that they do justice to Portugal’s status as a world-class tourist destination,” said Jordi Vilanova, president of the Mercan Properties Group.
The group is also developing four other hotel projects in the Algarve – Alvor Beach Hotel, a sprawling five-star resort in the Torralta area of Alvor; Hotel Indigo Faro Ribeirinha in the region’s capital of Faro; Marriot Lagos, to be built near the Porto de Mós beach; and Hard Rock Hotel Algarve, a new luxury hotel due to be erected near Portimão’s Vau beach, featuring 275 rooms and suites and 150 apartments. Since 2015, the Canadian group has already invested over €1.2 billion in Portugal, divided amongst 32 tourism and hotels projects across the country.
