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What are the specifications of the approved aparthotel project for sale in Olhos de Água?

Plot in Olhos de Água

ref. VM1989
11.916.303£
  • NA
  • 60.125m2

This approved aparthotel project aims to provide 4-star accommodation, featuring a maximum build of 2 storeys with allowances for 150 units. The plot measures 60,125 m², offering a substantial construction area of 19,800 m², enhanced by an additional 4,800 m² for basement use. Situated just a short distance from the beach and important neighbouring attractions, this project outlines a promising investment with high tourism potential.

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
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