This incredible plot with an approved project for a wellness resort in Olhos de Água is priced at €8,150,000. It presents a unique opportunity for serious buyers looking to invest in the booming wellness tourism market. Just 4 km away from the beautiful beaches of the Algarve and only a short drive to both Albufeira and Faro Airport, this location is ideal for attracting tourists and guests.
The approved project allows for the development of 137 units, split between wellness-focused amenities and family-friendly accommodations. The east buildings are designed with a reception area and communal facilities, catering to health-focused individuals seeking rejuvenation. This advantage could significantly enhance rental income and occupancy rates.
The versatility of this plot makes it appealing due to its proximity to essential services and leisure activities, including golf courses within 3 km. By investing in this property, you position yourself favourably in a lucrative market known for its high-return tourist accommodations.
The plot area of 25,060 m² enables the development of expansive and innovative facilities tailored for wellness and relaxation. With excellent connectivity and demand for wellness retreats rising, this opportunity is not to be overlooked.
Reach out today for more information and take the first step towards owning this prime piece of property!
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
