The Villa Rico Resort, the largest in Portugal, is expected to open in March.
The hotel is expected cost around $3.4 million, the Times of Ireland reported.
It will have two hotels, two restaurants, a spa, a swimming pool, a theatre and other amenities, the report said.
It was built by the former Portuguese prime minister, Cristiano Ronaldo, the paper said.
The resort, which is located in the southern city of Porto, is one of the biggest resorts in the world, according to the resort’s website.
The villas have been built with a total of around 7,000 rooms and have an overall floor area of 2,500 sq metres, the website said.