This investment plot approved for an aparthotel in Olhos de Águia is just 2 km from the stunning beach. This proximity makes it an ideal location for a successful tourism rental business or a luxury aparthotel. The plot covers an expansive area of 60,125 m², featuring an approved project for a two-storey building consisting of 150 units. Being so close to the beach will surely attract tourists looking for accommodation near the sea, providing excellent rental potential throughout the year. Additionally, this area is renowned for its family-friendly atmosphere and recreational facilities, making it highly desirable. With Albufeira a mere 7 km away and several golf courses within easy reach, this location boasts both leisure and investment benefits. The growing number of international visitors to the Algarve enhances the appeal of this plot, promising excellent returns for investors. Strategically position your future aparthotel to capture the market's demand for beachfront accommodations. Contact us today to explore the potential of this property!
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
