SO/ Sotogrande
Development of a luxury wellness hotel in Sotogrande
5*
category
151
keys
Resort
asset type
Repositioning
Investment Opportunity
The internationally renowned Sotogrande resort is undergoing a new phase of growth and repositioning after a successful 60-year-old history. Its most prominent hotel, the Almenara Golf Resort, which dates from 1999, has been fully repositioned from a 4-star golf hotel into a premium luxury 5-star lifestyle resort with magnificent gardens and sea views, as well as a world class wellbeing and performance center.
Alsotel and Sotogrande have studied a wide variety of hotel concepts until reaching the most value enhancing proposal from a financial and real estate perspective and for Sotogrande as a whole. The complexity of the project, involving a deep reconceptualization of the hotel and the use of a variety of urban planning tools to maximize its value, commences works in 2020 and opened in July 2021 under the management of Accor and the SO/ premium lifestyle brand.
Alsotel has lead all aspects of the hotel project from its conception and early stages to the opening and operation.
Location: Sotogrande | Acquisition Date: 2014 | Built area: 20,000 sqm within a 90,000 sqm plot
5* category
151 keys
Asset Type: Resort
Investment Opportunity: Repositioning
Web: so-sotogrande.com
The internationally renowned Sotogrande resort is undergoing a new phase of growth and repositioning after a successful 60-year-old history. Its most prominent hotel, the Almenara Golf Resort, which dates from 1999, is undergoing a prominent repositioning from a 4-star golf hotel into a premium luxury 5-star lifestyle resort with magnificent gardens and sea views, as well as a world class wellbeing and performance center.
Alsotel and Sotogrande have studied a wide variety of hotel concepts until reaching the most value enhancing proposal from a financial and real estate perspective and for Sotogrande as a whole. The complexity of the project, involving a deep reconceptualization of the hotel and the use of a variety of urban planning tools to maximize its value, commences works in 2020 and will open in 2021 under the management of Accor and the SO/ premium lifestyle brand.
Alsotel is leading all aspects of the hotel project from its conception and early stages.
Location: Sotogrande | Acquisition Date: 2014 | Built area: 20,000 sqm within a 90,000 sqm plot