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Why should I invest in a plot with potential for 137 units in Algarve?

Plot in Olhos de Água

ref. VM1988
8.150.000€
  • NA
  • 25.060m2

Investing in this plot with the potential for 137 units in Algarve is a decision guided by undeniable opportunity. Priced at €8,150,000, this plot not only includes an approved project for a wellness resort but also positions you strategically within a booming market focused on wellness tourism. Located merely 4 km from the beach and 32 km from Faro airport, its appeal is compounded by accessibility and surrounding beauty.

With a project designed to cater to health and relaxation, this investment targets an expanding demographic eager to experience rejuvenating retreats. The duality of the project, with areas tailored for health-focused guests as well as family-friendly zones, enhances its marketability, ensuring year-round occupancy.

Moreover, the Algarve is renowned for its climate, stunning landscapes, and rich cultural heritage, making it a consistently popular destination for tourists worldwide. By investing here, you gain access to a thriving rental market, offering excellent returns and capital appreciation potential.

The demand for wellness-focused resorts is on the rise, and this property’s approved plans indicate the potential for substantial profits. Surrounded by leisure amenities, including golf and picturesque beaches, income generation is highly feasible.

Don’t miss out on the chance to make this transformative investment, as the Algarve continues to attract visitors year-round. Secure your future in this lucrative market by exploring this exciting opportunity. Contact us to arrange a viewing today!

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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