The cost of a commercial plot with an approved project in the Algarve, specifically in Olhos de Água, is €8,150,000. This remarkable investment not only offers the beautiful plot but comes with a detailed plan for a Wellness Resort comprised of 137 units, aiming to attract tourists seeking both relaxation and rejuvenation. Located just 4 km from the beach, it is perfectly positioned to draw visitors to the area.
The approved project includes two east buildings dedicated to health and wellness facilities, complete with a reception area and a clinically equipped space for rejuvenation. Meanwhile, the west buildings are designed for families, ensuring both segments of the market are catered for effectively. With so many benefits, this plot represents not only a place for construction but a strategic location for a thriving business.
Access to Faro airport, located 32 km away, and nearby leisure amenities such as golf courses only 3 km away enhance the plot’s appeal. Investors can expect high demand with the growing trend of wellness tourism, which presents a lucrative rental potential.
For serious buyers looking for a commercial venture in a picturesque location, this plot offers everything needed to succeed. Take action today and secure this unique opportunity to build a wellness resort that will cater to a diverse clientele. Contact us now to arrange a viewing and explore this investment 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
