Buying land for a tourism project in Albufeira is an opportunity that should not be overlooked, especially with an approved project already in place for a wellness resort with 137 units. This plot of land, priced at €8,150,000, spans 25,060 square metres and is situated conveniently close to popular destinations, including the stunning beaches just 4 km away and the bustling Albufeira town 7 km away.
This area enjoys a favourable geographical location, being 32 km from Faro Airport, making it easily accessible for international tourists. The project's design focuses on wellness, which is increasingly in demand among travellers looking to destress and rejuvenate in natural settings. The resort's unique offerings, including health facilities and family amenities, cater to a diverse clientele and enhance the overall investment potential.
As wellness tourism continues to grow, investing in a land parcel that allows for such development positions you ahead of the curve. The Algarve region is widely celebrated for its remarkable climate and intrinsic beauty, making it a perfect backdrop for wellness-focused ventures. These attributes are likely to yield high occupancy rates from both domestic and international visitors.
Moreover, this property provides the flexibility to adapt and evolve with market demands, allowing for a boost in rental income and ROI over time. There is also a strong possibility of forming partnerships with wellness brands to further enrich appeal.
Take action today and discover how this investment can lead to future success in the booming tourism market of Albufeira. Contact us to discuss further and 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
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
