The plot for sale in Olhos de Água is conveniently located just 2 km from the nearest stunning beach and 3 km from well-maintained golf courses, making it an attractive option for buyers seeking leisure and lifestyle. With an approved project for the construction of a 4 Star aparthotel, this location is perfectly positioned for tourism and recreation in the Algarve. This strategic placement ensures you can cater to a high influx of tourists looking for accommodation in a vibrant area close to both the sea and golf facilities. The overall area spans 60,125m², allowing for significant development potential with a construction area of 19,800m². Being situated in a region that is popular for year-round tourism enhances both its value and rental potential. This investment provides an excellent chance for high occupancy rates, especially in peak seasons. Olhos de Água itself offers a blend of local culture and scenic beauty, appealing to both international visitors and local residents. If you are considering purchasing a plot with great surroundings and exceptional growth prospects, look no further. Explore the possibilities that this well-located property presents. Reach out to us today for more details!
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