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What is the cost of a commercial plot with tourist project in Olhos de Água?

Plot in Olhos de Água

ref. VM1988
8.150.000€
  • NA
  • 25.060m2

The price for this commercial plot in Olhos de Água, Albufeira, is €8,150,000, inclusive of an approved project for a Wellness Resort. With a total area of 25,060 m² and plans for up to 137 units, this plot is poised for significant returns on investment, especially given its proximity to the beach and amenities. It’s an ideal option for investors seeking to develop properties in a region known for its tourism potential. Inquire today for further details and to discuss your investment objectives.

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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