This Albufeira plot is ideally located just 2km from the nearest beach, providing easy access to sun-soaked relaxation and water activities. Additionally, it sits only 3km from a popular golf course, making it a perfect spot for both leisure and investment. With an approved project for the construction of a 4-star aparthotel, it presents a lucrative opportunity for serious buyers looking to enter the tourism sector in the Algarve. The plot spans 60,125m², offering ample space for a development that can include up to 150 units arranged over two storeys, designed to attract vacationers and business travellers alike. The vibrant town of Olhos de Água is only 2.5 km away, where you can enjoy local cuisine and culture. Given the area's popularity among tourists, this investment holds significant rental potential. The proximity to Faro airport (32 km) further enhances its appeal, making access for international visitors quick and convenient. Explore the potential of this prime location where the Mediterranean lifestyle meets investment opportunity. Contact us now to schedule a viewing!
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
