This plot in Olhos de Água is optimally designed for a total of 137 touristic apartments, catering perfectly to the growing demand for holiday accommodations in the Algarve. The approved project aims to establish a wellness resort that promotes a healthy and active lifestyle, making it an attractive investment for buyers looking to capitalise on the lucrative tourism market in this popular region. The development will consist of two distinct buildings – one focusing on health and wellness with specialised facilities and another designed for family-friendly relaxation. Each building will offer easy access to communal areas, aiming to enhance guest experiences while ensuring a sustainable and appealing atmosphere. Furthermore, the proximity to beautiful beaches, stunning landscapes, and essential amenities underlines the site’s potential as a leading tourist destination. With a plot size of 25,060 square metres, the possibilities for creative development are vast. Investing in this project not only promises excellent rental yield but also the opportunity to be part of a thriving tourist hotspot. Don't miss your chance to create a resort that caters to the modern traveller's desires in the Algarve. Explore this unique investment opportunity today and secure your future in the hospitality industry!
Usage
Commercial
Type
Plot
Town
Olhos de Água
Parish
Albufeira e Olhos de Água
Municipality
Albufeira, Faro
Region
Algarve (Central)
Plot Area
25.060 m²
● Distance to the nearest beach - 4 km
● The price includes the plot and the approved project but not the construction of the building
This plot has an approved project for a Wellness Resort. The development is divided in two main areas with a maximum of 137 units. The two east buildings will focus more on health and wellness of the resort. They will have a reception and other communal facilities but also feature a fully equipped clinic specialized in rejuvenation.
The two west buildings will have a more relaxed feel appropriate for families. The west wing will also have access to the wellness facilities and other communal amenities.
Location
• Distance to the nearest beach - 4 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
