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

Plot in Olhos de Água

ref. VM1988
92.297.259NOK
  • NA
  • 25.060m2

The cost of the plot with an approved project for a wellness resort in Olhos de Água is €8,150,000. This large plot encompasses an area of 25,060 m² and comes with a detailed planning project for a wellness resort featuring a maximum of 137 units. This project has been designed to promote health and wellness, offering communal facilities and recreational spaces for families and individual guests. Situated just 4 km from the nearest beach, this prime location in the Algarve allows residents to enjoy the beautiful coastline paired with fresh air and outdoor activities. The investment potential for this plot is substantial, catering to the growing demand for wellness tourism. Additionally, the plot is conveniently located just 32 km from Faro Airport and 7 km from the vibrant town of Albufeira. Given its potential for rental income and ROI through tourism, this plot is a perfect choice for serious investors. The design includes two key buildings focused on wellness and relaxation, featuring a fully equipped clinic and leisure amenities. With the ability to tap into the nearby golf courses and local attractions, this investment offers a diverse range of opportunities. Don’t miss this chance to invest in one of the Algarve's most sought-after areas. Contact us today to learn more about this unique 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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