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How many units can I build on a plot in Olhos de Água?

Plot in Olhos de Água

ref. VM1988
8.900.000€
  • NA
  • 25.060m2

On this approved plot in Olhos de Água, you can build up to 137 units, providing ample opportunity for development and investment. This plot is designated for a wellness resort, featuring two main building areas designed to foster health and relaxation. Ideal for developers, this project can accommodate both families and individuals seeking a peaceful getaway.

With communal facilities aimed at promoting well-being, such as a fully equipped clinic, these buildings are structured to attract a diverse clientele. The immediate vicinity to the beach, only 4 km away, and to local towns makes it an attractive proposition for tourists year-round.

Located 32 km from Faro airport, and only 3 km from notable golf courses, the area is well-suited for leisure activities and tourism. The expansive plot size of 25,060 square meters allows for creativity in design, with plenty of room for extras like pools or gardens.

Investing here means tapping into a growing market of health-focused tourism, which offers great potential for rental returns and capital appreciation. A further advantage comes from the strategic location that not only overlooks beautiful landscapes but is also close to established local amenities. Ready to explore this promising investment? Contact us today for more details!

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
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