The cost for a plot with an approved project for an aparthotel in Albufeira is €13,900,000. Located just 2 kilometres from the nearest beach, this prime investment opportunity spans a total area of 60,125 m² with a substantial approved construction area of 19,800 m². Buyers looking to invest in the Algarve's thriving tourism sector will find this plot highly attractive, given its close proximity to key amenities such as golf courses and popular tourist destinations.
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