On this large plot in the Algarve, specifically in Olhos de Água, you can build up to 137 units as part of an approved project for a wellness resort. This plot, which is listed for €8,150,000, offers a unique chance to enter the booming wellness tourism market. The planned development includes two distinct areas: east buildings aimed at health and wellness experiences and west buildings designed for families seeking relaxation. Being located just 4 km from the beach and 32 km from Faro Airport, this plot is ideally positioned for tourists and families alike. The project features communal facilities and spaces designed to promote healthy lifestyles, making it suitable for a variety of guest demographics. Investors will appreciate the potential for high returns, coupled with the allure of Algarve’s beautiful scenery and amenities. The close proximity to golf courses, restaurants, and other leisure activities further increases the desirability for potential residents and holidaymakers. This is an exceptional opportunity to become part of a progressive real estate venture in a high-demand area. Do not hesitate; contact us today to discuss this incredible project further!
Usage
Commercial
Type
Plot
Town
Olhos de Água
Parish
Albufeira e Olhos de Água
Municipality
Albufeira, Faro
Region
Algarve (Central)
Plot Area
25.060 m²
● Distance to the nearest beach - 4 km
● The price includes the plot and the approved project but not the construction of the building
This plot has an approved project for a Wellness Resort. The development is divided in two main areas with a maximum of 137 units. The two east buildings will focus more on health and wellness of the resort. They will have a reception and other communal facilities but also feature a fully equipped clinic specialized in rejuvenation.
The two west buildings will have a more relaxed feel appropriate for families. The west wing will also have access to the wellness facilities and other communal amenities.
Location
• Distance to the nearest beach - 4 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
