The approved plot for sale is just 2km from the stunning beach in Olhos de Água. This close proximity offers significant advantages for an aparthotel, catering to sun-seeking tourists looking for convenience and relaxation. The beach is a major attraction, making this location ideal for hospitality ventures aimed at maximising occupancy rates. In addition to its beach access, the plot is also near a golf course, located only 3km away, enhancing its appeal to a wider audience of tourists. The area is renowned for its beautiful landscape and lively atmosphere, attracting visitors year-round. This investment opportunity not only brings the allure of tourism but also the potential for capital growth. For investors driven by location, this property ticks all the right boxes. Contact us to learn more about this unique opportunity and how to proceed with your 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
