Invest wisely in one of the most promising opportunities in Olhos de Água, Albufeira. This plot for sale, priced at €13,900,000, features an approved project for a 4-star aparthotel, making it a top choice for serious developers. The land measures a total of 60,125 m², presenting a considerable construction area of 19,800 m² for the proposed 150-unit property, all within close proximity to stunning sandy beaches and local amenities. Positioned just 32 km from Faro airport, it provides excellent accessibility for visitors. Ensure you capitalise on the growing tourism demand in the Algarve by scheduling a consultation with us today!
Usage
Commercial
Type
Plot
Town
Olhos de Água
Parish
Albufeira e Olhos de Água
Municipality
Albufeira, Faro
Region
Algarve (Central)
Plot Area
60.125 m²
● Distance to the nearest beach 2 km
● The price includes the plot and the approved project but not the construction of the building
This plot has an approved project proposing the implantation of a 4 Star aparthotel for touristic use.
The total plot area has 60,125m² with a construction area of 19.800m² plus 4.800m² of basement area.
The approved construction of the buildings permits a maximum of 2 storeys and 150 units.
Location
• Distance to the nearest beach - 2 kms
• Distance to Faro airport - 32 kms
• Distance to Golf - 3 kms
• Distance to Olhos de Água - 2,5 kms
• Distance to Albufeira - 7 kms
