Developing apartments near Olhos de Água beach presents a lucrative investment opportunity, particularly given the approved project for a wellness resort offering 137 units on this prime plot. Located within just 4 km of the beach, this area is poised to attract both local and international tourists seeking relaxation and wellness experiences. The plot encompasses 25,060 square metres, allowing ample room for various development possibilities, including modern apartments tailored for holiday rentals.
The wellness resort concept aligns perfectly with current market trends that highlight the shift towards health and well-being in tourism. The property will incorporate health-oriented amenities, positioned to capture the growing demand for such offerings. The nearby beaches and natural landscape make this location even more appealing, serving to attract visitors year-round.
Furthermore, this plot's location is conveniently close to vital amenities and just 32 km from Faro Airport, ensuring easy access for your clients. The area's charm and lifestyle benefits also add value, appealing to families and health-focused individuals alike who are seeking a long-term holiday investment.
The rental market is expected to flourish due to the anticipated influx of health and wellness tourists, providing a promising return on investment. As developers increasingly recognise the potential of wellness tourism, this is an ideal moment to invest in such a forward-thinking project.
For serious investors looking to explore the possibilities this plot offers, get in touch today to discuss your development plans.
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
