The nearest beach from the plot designated for aparthotel development is just 2 kilometres away, ensuring guests will have easy access to the beautiful shores of the Algarve. Located in Olhos de Água, this plot features an approved project for a four-star aparthotel, making it an excellent investment for developers aiming to capitalise on the area's tourism. With its strategic location, this plot allows for maximum convenience for future guests while providing the perfect setting for a luxury accommodation experience. Additionally, the proximity to Olhos de Água's lively neighbourhood and Albufeira, just 7km away, adds to the appeal, attracting both local and international tourists. With a total area of 60,125m², there is ample room for development, making it a remarkable property for serious buyers looking to invest in the Algarve's tourism scene. Now is the time to take advantage of this rare opportunity! Reach out to us today!
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
