In the Algarve, this specific plot in Olhos de Água stands out as an attractive option, offering an approved project for a holiday resort with a potential of 137 units. Priced at €8.15 million, it presents an unparalleled opportunity for developers seeking to enter the wellness tourism market. Known for its beautiful landscapes and luxury amenities, the Algarve attracts millions of visitors each year, making this location ideal for a holiday resort. This plot, located just 4 km from the nearest beach and 2.5 km from Olhos de Água, is situated in a prime area with easy access to golf courses and other recreational facilities. Designed to focus on health and wellness, the resort will feature two focused buildings with communal areas and a clinic aimed at rejuvenation. The increasing demand for wellness-focused accommodations amplifies the potential returns on this investment. Investors should also consider the promising market trends within Albufeira and the surrounding regions, ensuring their venture benefits from high occupancy rates. The project's proximity to Faro airport enhances its appeal further, making travel convenient for guests. If you're looking to invest in a plot for a holiday resort that allows for substantial ROI, this opportunity is certainly worth considering. Reach out to us now 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
