The investment potential of the wellness resort plot near Olhos de Água is substantial, especially with the approved project for touristic apartments. Priced at €8,150,000, this plot not only includes the land but a comprehensive plan for a Wellness Resort featuring a total of 137 units, making it highly attractive for developers and investors alike. The strategic location is a mere 4 km from the nearest beach, appealing to holidaymakers who seek relaxation and wellness activities.
Within this project, the two eastern buildings focus on health and wellness, complemented by communal facilities and a clinic dedicated to rejuvenation methods. In contrast, the western buildings are designed for family-friendly experiences, allowing guests to enjoy wellness facilities in a relaxed setting. This combination is likely to attract a diverse clientele, increasing occupancy rates and profitability.
With Faro airport only 32 km away and Albufeira close by, the geographical advantages cannot be overstated. Developers can capitalise on the growing trend of wellness tourism, ensuring a steady flow of visitors attracted to health and wellness amenities. Additionally, the potential for long-term rental income from holidaymakers presents an appealing ROI.
Investing in this location means positioning yourself at the forefront of a booming market in the Algarve. Don’t miss out on this unique opportunity to develop a wellness resort that caters to a niche yet expanding audience. Act now, and allow us to assist you with your investment journey!
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