The approved aparthotel project is conveniently located only 2 kilometres from the nearest beach in Olhos de Água. This prime location is perfect for investors looking to capitalise on the area's thriving tourism sector. Imagine guests enjoying easy access to beautiful sandy beaches while staying in a luxurious aparthotel. The plot itself boasts a generous size of 60,125m² and a proposed construction area of 19,800m², allowing for the development of splendid accommodation. With the Algarve's year-round sunshine and a stunning coastal landscape, this is an exciting prospect for any developer. The appeal of being close to local attractions, such as golf courses and vibrant town life in Albufeira, adds further value to this investment. Whether planning for short-term rentals or long-term leasing, the location promises a strong return on investment. Don’t miss out on this unique opportunity—reach out to us for more information 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
