Explore an outstanding investment opportunity with this prime plot of land for sale in Olhos de Água, Albufeira. It comes with an approved project for a 4-star aparthotel, featuring a significant 19,800 m² of potential construction area. The total plot spans 60,125 m², allowing for the development of 150 units across two stories, perfectly designed for tourist needs. With its strategic location just 2 km from beautiful beaches and close to key amenities, this property is ideal for developers aiming to create a successful holiday destination. Offered at €13,900,000, this is an investment not to miss. Contact us today to learn more or schedule a viewing!
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
