This available plot offers an incredible investment prospect in Olhos de Água, Albufeira, with an approved project for tourist apartments. Situated just 4 km from the beach and 2.5 km from local shops, it's ideally located to attract holiday tourists. The project features wellness-focused buildings and family-friendly units, maximising market appeal. At a cost of €8,150,000, this is a strategic opportunity for developers looking to invest in Algarve’s booming tourism sector. Act quickly and reach out for more information!
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
