The nearest beach is only 2 km away from the approved aparthotel plot in Olhos de Água, making this location highly desirable for attracting tourists. With an approved project for a 4 Star aparthotel, this plot offers significant potential for both short-term vacation rentals and long-term investments. The proximity to the beach enhances the appeal of this project, as visitors are always seeking convenient access to seaside activities. Situated ideally within 3 km of a popular golf course and just a short drive from Albufeira, this area is a hotspot for holidaymakers. The overall plot area is an impressive 60,125 m², allowing for a considerable development with 150 units. This investment stands out due to its strategic location surrounded by natural beauty and recreational options, promising ample opportunities for your business. Take advantage of this chance to develop in the Algarve region, a well-known area for attracting tourists year-round. Don’t hesitate to reach out today to learn more about this fantastic investment opportunity.
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
