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What is the cost of a plot with an approved project for a wellness resort in Albufeira?

Plot in Olhos de Água

ref. VM1988
8.150.000€
  • NA
  • 25.060m2

The cost of the plot with an approved project for a wellness resort in Albufeira is €8,150,000. This significant investment opportunity comes with an extensive plot area of 25,060 square metres and an approved project that allows for the development of up to 137 touristic apartments. The project has been meticulously designed to include two main areas, one focusing on health and wellness with a fully equipped clinic, and the other aimed at family-friendly accommodation. Located just 4 km from the nearest beach and 32 km from Faro Airport, this prime location in Olhos de Água offers the perfect environment for a wellness resort targeted at individuals and families seeking a healthy lifestyle. The planned amenities cater to both relaxation and fitness, appealing to a broad range of potential guests. Investing in this plot not only promises substantial returns but also positions you within a thriving area of the Algarve. The proximity to popular tourist attractions, golf courses, and beautiful beaches enhances the investment appeal, ensuring occupancy and profitability. With the demand for wellness tourism on the rise, this plot offers an exceptional opportunity for savvy investors. Secure this plot today and take the first step towards establishing a lucrative wellness destination. Contact us now to schedule a viewing and discuss this incredible investment opportunity!

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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