This remarkable plot in Olhos de Água is conveniently located just 2 km from the nearest beach and 3 km from a golf course, making it an ideal investment for those looking to capitalise on Algarve’s thriving tourism. The proximity to the beach ensures that guests will have easy access to sun and sand, while the nearby golf course adds an appealing dimension catering to holiday-makers seeking leisure activities.
The plot, spanning 60,125m², has a fully approved project for the construction of a 4-star aparthotel, catering to the growing demand from tourists visiting this beautiful Algarve region. It is situated in a vibrant area popular among tourists year-round, ensuring consistent rental potential and significant return on investment.
With its close distance to both recreational activities and natural attractions, this site offers much more than mere investment; it provides a lifestyle opportunity benefiting from stunning surroundings and local culture. Nearby amenities also include shops, restaurants, and scenic walking paths, adding to the overall appeal for future guests.
Moreover, this project’s approved construction plan comprising 150 units means that your investment can accommodate various guests, guaranteeing a high occupancy rate. The plot’s location not only promises fantastic rental income but also enriches the visitors' experience.
Investors should act quickly, as properties in such attractive locations rarely remain on the market for long. Contact us today to explore this exciting opportunity further!
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
