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What is the investment potential of a plot with an approved project in Olhos de Água?

Plot in Olhos de Água

ref. VM1988
8.150.000€
  • NA
  • 25.060m2

The investment potential of this plot in Olhos de Água is significant, given its approved project for 137 units designed as a wellness resort. Priced at €8.15 million, it offers a unique opportunity for those looking to invest in the thriving Algarve tourism market. The project aims to attract both families and individuals seeking a healthy and relaxing getaway close to the beach and golf courses. Located just 4 km from the nearest beach and 32 km from Faro airport, buyers will appreciate the accessible luxury for guests. The design includes two main buildings focusing on health and wellness, complete with a fully equipped clinic. Additionally, communal facilities will enhance the guest experience, making the project more appealing to investors targeting high rental yields. The surrounding natural beauty and well-established tourism infrastructure in Albufeira further bolster the investment's appeal. With rapid growth in the wellness tourism sector, this plot presents a prime opportunity for long-term capital appreciation. The location's proximity to popular attractions adds to its allure, ensuring a steady influx of visitors year-round. Ideal for investors looking to develop a resort that caters to health-focused travellers, this plot cannot be overlooked. Contact us today to learn more about this lucrative 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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