Extensive investment opportunities are available for plots near Albufeira’s stunning beaches. One prime example is the plot with an approved project for an aparthotel in Olhos de Água, just 2 km from the beach. This area is immensely popular with tourists due to its scenic coastline and leisure facilities, ensuring a good return on investment. With a total plot area of 60,125 m² and permission to construct a 4 Star aparthotel with up to 150 units, this represents an ideal opportunity for developers. The burgeoning tourism market in the Algarve creates strong demand for such amenities, and being close to beach access only enhances the attractiveness of your project. Furthermore, this location allows you to cater to holidaymakers looking to make the most of their Algarve experience. Investing now means positioning yourself advantageously for future growth in this thriving sector. Don’t miss out on the chance to be part of this exciting real estate opportunity. Contact us now to discuss 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
