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Which properties for sale in Algarve offer the potential for a large resort project?

Plot in Olhos de Água

ref. VM1988
8.150.000€
  • NA
  • 25.060m2

This property for sale in the Algarve stands out for its potential to become a large resort project. The plot includes an approved project for 137 wellness-focused units, making it an attractive option for serious developers. Located in Olhos de Água, just 2.5 km from the town centre and 4 km from gorgeous beaches, it offers both tranquility and convenience. Designed to cater to health and wellness tourists, this site features access to communal areas and specialized wellness facilities, ensuring a compelling draw for guests seeking relaxation and rejuvenation. The investment scenario is further sweetened by the nearby amenities, including golf courses and outdoor activities, creating a holistic experience for future guests. As the demand for wellness facilities grows, this project stands poised to deliver significant returns on investment. Secure a piece of this idyllic landscape where healthy living meets exquisite leisure. Don't miss out on this incredible opportunity—contact us for more insights and to schedule a site visit!

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
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