The Four Seasons Hotel Tunis will be in the Gammarth district of capital Tunis and is being built with the help of Tunisian investment group the Mabrouk Group.
It will be the hotel operator’s first property in the country.
The 200-room property will feature 500 metres of beachfront while both Tunis’ business district and the ruins of Carthage will be close by.
Four Seasons Hotels and Resorts president and chief executive Allen Smith said: “Whenever we enter a new market, we look for opportunities like this that offer a winning combination of the best location in the destination and a strong partner.