Investment plots for a 4-star hotel near the beach in Albufeira can be found in Olhos de Água, specifically a plot with an approved project for an aparthotel. Positioned just 2 km away from the beautiful beach, this 60,125 m² site is ideal for developers looking to tap into the vibrant tourism market of Algarve. Priced at €13,900,000, it includes architectural plans that allow for up to 150 units, providing a tremendous opportunity for hotel investment.
The strategic location offers easy access to Faro Airport, which is located just 32 km away, ensuring excellent connectivity for international visitors. Additionally, there are notable attractions within a short distance, with golf courses a mere 3 km away, catering to both leisure and business travellers who frequent the area. Buyers seeking plots should capitalise on this opportunity, as the approved plans facilitate rapid development and economic viability.
With nearby Albufeira less than 7 km away, the property draws in tourists looking for luxurious accommodations in an engaging environment. This region is known for its cultural diversity and stunning coastline, assuring new hotels will have significant demand. Whether you are an investor or developer, this plot offers not just land, but a complete vision for commercial success.
Seize this opportunity by contacting us to discuss the details further!
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
