Several plots are for sale in Algarve with exceptional potential for tourism investment, particularly in Olhos de Água. One prominent option includes a 60,125m² plot that comes with an approved project for a 4-star aparthotel. This is an ideal opportunity for buyers seeking to tap into the lucrative hospitality market.
With a construction area of 19,800m² and the possibility to develop 150 units, this plot is designed to meet the needs of tourists looking for comfortable accommodation near stunning beaches. Located just 2 km from the shoreline, this property will definitely attract visitors wanting to enjoy the best of both relaxation and adventure.
The plot's excellent location, only 32 km from Faro airport, ensures easy access for arrivals and departures, enhancing its desirability. Additionally, golf courses and leisure facilities are within a short distance, making it even more appealing to those looking to invest in tourism.
Seizing this opportunity offers you a means to create a thriving business in a vibrant tourist destination. This area of Algarve has seen substantial growth in visitor numbers, ensuring a strong potential for returns on investment.
Explore this opportunity now and take the step towards making your tourism venture a reality. Get in touch today for more information and to arrange a viewing!
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
