This plot with approved plans for an aparthotel represents a fantastic investment opportunity due to its strategic location and tourism potential. Boasting proximity to the beach and major tourist attractions, it allows for the construction of a 4-star facility which is in high demand. The sizeable area of 60,125m², along with an allowable construction area of 19,800m², paves the way for significant financial returns, making it a must-see for serious investors. Don't miss your chance—contact us today to learn more!
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
