Investing in an approved aparthotel project in Albufeira holds significant potential for impressive returns. This property offers a prime location in Olhos de Água, just 7 km from Albufeira and 2 km from stunning beaches. With an approved project for a 4-star hotel featuring 150 units, the scale of this development presents a lucrative opportunity for rental income. Given the growing demand for high-quality accommodation in the Algarve, your investment could see attractive occupancy rates throughout the year. The region's thriving tourism market increases the likelihood of excellent returns, making this a desirable investment for those looking to enter or expand their portfolio in hospitality. The substantial plot size (60,125 m²) allows for a variety of configurations, ensuring flexibility in operations. Accessibility to local amenities, including golf courses and main transport links, further enhances the project's appeal to potential guests. With robust tourism growth projections, investors can anticipate substantial profitability in the coming years. Don't let this opportunity pass by — consider the potential and secure your future with this premium investment. Contact us today to explore this further and uncover the full benefits this project offers!
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
