The available plots for commercial development in Olhos de Água are just 2 km away from the nearest beach, making them highly attractive for investment in tourism-related ventures. This key location not only allows easy access for guests but also ensures a steady footfall, beneficial for businesses operating in the hospitality sector. The plots come with an approved project for a 4-star aparthotel, designed to accommodate 150 units, appealing for those looking to capture the lucrative rental market. Additionally, being part of the Algarve allure means that the property benefits from a robust year-round tourist influx, ideal for maximising rental income. With the local golf course just 3 km away and Faro airport approximately 32 km distant, the accessibility of this location enhances its viability for commercial establishments. Investing here means becoming part of a reputable resort destination, combining leisure and commerce. Don’t miss out on this fantastic opportunity; reach out now to learn more about how to secure your investment!
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
