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What is the approved project for a wellness resort in the Algarve?

Plot in Olhos de Água

ref. VM1988
8.150.000€
  • NA
  • 25.060m2

The approved project for a wellness resort in the Algarve is designed specifically for a large plot in Olhos de Água, accommodating up to 137 units dedicated to health and wellness. This exceptional opportunity is ideal for those looking to invest in a thriving tourism market just 4 kilometres from the area's pristine beach. The wellness resort project focuses on creating a balanced environment with communal facilities that cater to a diverse clientele including families and wellness seekers.

The planned resort will consist of two main structures, with one area emphasising health services and the other providing a relaxed family-friendly atmosphere. The inclusion of a fully equipped rejuvenation clinic further enhances the property’s appeal, making it a prime candidate for tourists seeking holistic holiday experiences. Additionally, the location in the Algarve is recognized for its sunny climate and natural beauty, promoting a healthy lifestyle.

Investing in this property also grants access to various benefits such as proximity to local attractions, recreational facilities, and eateries that enhance the visitor experience. With only 2.5 kilometres to Olhos de Água and 7 kilometres to Albufeira, guests will enjoy easy access to vibrant cultural experiences and leisure activities. The potential for rental returns is significant, given the increasing interest in wellness tourism in the region.

With a price of €8,150,000 for both the land and approved project, this investment offers a substantial opportunity for growth. With interest in wellness resorts steadily rising, now is the perfect time to secure this promising venture. Contact us today to learn more about this incredible project and start realising your investment dreams!

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
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