The approved plot for the aparthotel is conveniently located only 2km from the nearest beach and 3km from several renowned golf courses. This proximity makes it an attractive option for developers and investors looking to tap into the thriving tourist market in the Algarve. The strategic location enhances the potential for rental income, as guests will appreciate the easy access to beach activities, recreational golf opportunities, and local attractions. With a total plot area of 60,125m² and an approved project allowing for the construction of 150 units, it presents a remarkable opportunity for commercial development. Apart from the appealing distance to the beach and golf, residents can enjoy the lush surroundings and vibrant community life Olhos de Água has to offer. The plot also has excellent connectivity to nearby towns and Faro airport, set just 32km away. This enticing site is ready for a new owner to develop a hotel that caters to both families and golf enthusiasts. Don’t miss this chance to invest in a lucrative location! Reach out today to learn more about this exciting opportunity!
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
