Investing in touristic apartments in Olhos de Água is made easy with this approved project on a large plot available for €8,900,000. This land offers a unique opportunity to develop a wellness resort, featuring a total of 137 units designed for both relaxation and health benefits. Situated only 2.5 km from the charming village of Olhos de Água, this location is ideal for attracting tourists looking for sunshine and wholesome activities.
With proximity to the beach at just 4 km and only 32 km from Faro airport, accessibility will be a strong attraction for potential guests. The design prioritises communal wellness facilities, including a reception area, spa, and a fully equipped clinic, making it perfect for a holistic retreat.
Investing in this property not only promises substantial ROI but also gives an opportunity to tap into the growing demand for wellness tourism in the Algarve region. Developers will benefit from the area's family-friendly attractions, ensuring a steady stream of visitors and long-term rental potential.
Don't miss out on this chance to capitalise on the burgeoning holiday rental market. Get in touch with us now to discuss your investment options!
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
