Investing in a plot for an aparthotel near Faro airport presents a strategic advantage for serious buyers. This particular plot, located in Olhos de Água, is just 32 km from the airport, promising convenience for international and national visitors alike. The plot spans 60,125m² and includes an approved project for a 4-star aparthotel, making it perfect for a lucrative tourism investment.
The approved plans feature 150 units with ample construction area, allowing you to maximise your investment while catering to the steady influx of tourists to the Algarve region. The location's proximity to the beach, only 2 km away, further adds to its appeal, offering guests easy access to sun and sand.
Investing here not only opens doors to solid rental yields but also positions you in one of Portugal's most coveted vacation destinations. With Albufeira just 7 km away, you’ll have access to local amenities, restaurants, and attractions, all enhancing the guest experience.
With Algarve’s tourism industry witnessing consistent growth, this investment has the potential for a significant return on investment. Beyond financial gain, being part of such a lively market filled with opportunities makes it an exciting venture.
Don’t let this opportunity pass you by—contact us today to discuss the next steps towards securing this profitable investment!
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
