You can buy a prime plot with an approved project for an aparthotel in Olhos de Água, Albufeira. This opportunity is ideal for investors looking to engage in the thriving tourism market of Algarve. The plot spans 60,125m² and includes plans for a 4-star aparthotel with 150 units, making it perfect for a lucrative investment.
Located just 2 km from the nearest beach, you’ll be close to the beautiful coastline, attracting tourists year-round. The area benefits from its proximity to Faro airport, situated only 32 km away, making it an attractive location for both domestic and international visitors. With Olhos de Água just 2.5 km away and Albufeira at 7 km, restaurants, shops, and leisure activities are easily accessible.
This plot is versatile, allowing for a maximum of 2 storeys and offering 19,800m² of construction area along with an additional 4,800m² basement area for amenities or parking. Considering Algarve's booming tourism sector and the area's natural beauty, this is an investment that promises significant returns.
Whether you’re looking to build from the ground up or want to create a luxury retreat tailored for tourists, this property holds immense potential. Don't miss out on a chance to get in at the initial stages of a project designed for success.
Contact us today to learn more about this exciting opportunity and to schedule a viewing!
Usage
Commercial
Type
Plot
Town
Olhos de Água
Parish
Albufeira e Olhos de Água
Municipality
Albufeira, Faro
Region
Algarve (Central)
Plot Area
60.125 m²
● Distance to the nearest beach 2 km
● The price includes the plot and the approved project but not the construction of the building
This plot has an approved project proposing the implantation of a 4 Star aparthotel for touristic use.
The total plot area has 60,125m² with a construction area of 19.800m² plus 4.800m² of basement area.
The approved construction of the buildings permits a maximum of 2 storeys and 150 units.
Location
• Distance to the nearest beach - 2 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
