You can invest in touristic apartments near Albufeira at a prime plot located in Olhos de Água, currently on offer with an approved project for a wellness resort. This plot, up for €8,150,000, allows for the development of 137 units specifically designed to appeal to the growing wellness tourism market. Strategically situated just 7 km from Albufeira and 4 km from the beach, this opportunity is perfectly placed to attract both tourists and holiday homeowners. The design strategically integrates health facilities and communal spaces, creating an inviting environment for visitors seeking relaxation and rejuvenation. Since the Algarve is a highly desirable region for holiday rentals, this investment provides a significant potential for consistent rental income. Furthermore, the proximity to various golf courses and leisure activities enhances the attractiveness of these future apartments. Interested buyers looking to capitalise on the wellness trend have an excellent opportunity here. With this approved project in place, you can move forward without the delays that often accompany obtaining planning permissions. Take action now to secure this outstanding investment opportunity in a thriving tourist destination.
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
