You can buy a prime plot with an approved project for touristic apartments in Olhos de Água, Albufeira. This exceptional property not only offers the land but also includes a project aimed at developing a Wellness Resort, an excellent opportunity for investors. Situated just 4 km from the beach and 2.5 km from Olhos de Água, this location is strategically positioned within the popular Algarve region, enhancing its appeal for tourism-related developments.
The approved project allows for a maximum of 137 units across two main buildings. The eastern buildings will cater to health and wellness, featuring communal facilities, a reception area, and a fully equipped clinic specializing in rejuvenation techniques. Meanwhile, the western buildings are designed with families in mind, providing a relaxed atmosphere while still granting access to all wellness amenities.
At a price of €8,150,000, this plot offers considerable investment potential in a vibrant tourist destination. With nearby landmarks such as Faro airport only 32 km away and golf courses within 3 km, the location holds significant attraction for holidaymakers and long-term renters. Investing in this area means not only securing a lucrative business opportunity but also contributing to the growing demand for wellness tourism in Portugal.
Don’t miss this chance to create an attractive resort that meets the needs of modern tourists. Whether you are looking for a holiday investment or a full-time development project, this plot stands out as a choice that guarantees excellent returns. Explore this opportunity further and contact us now 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
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
