There are significant investment opportunities in Olhos de Água close to the beach, particularly with a prime plot available for €8,150,000. This large plot, which spans 25,060 m², comes with an approved project for a wellness resort allowing for the development of up to 137 units. Situated just 4 km from the beautiful coastline and 7 km from Albufeira, this property is perfectly positioned to attract both tourists and those looking for a wellness retreat. The wellness resort project features two main areas directed at health and family relaxation, including common amenities that foster a communal atmosphere. As wellness tourism gains momentum, this plot provides an excellent opportunity to invest in a sector witnessing continuous growth. The proximity to golf courses and local attractions enhances its appeal, making it a desirable location for holidaymakers. Additionally, the area's accessibility, being only 32 km from Faro Airport, ensures a steady flow of visitors. This investment not only holds the promise of rental income but also the potential for high-return returns as the wellness trend evolves. Seize this opportunity to enter the thriving Algarve market – contact us today for further details!
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
