On a 25,060 m² plot in Algarve, up to 137 units can be developed as part of a wellness resort project. This prime area in Olhos de Água is approved for construction, presenting a remarkable opportunity for investors. The design includes two zones—one focused on health and wellness with a clinic, and the other caters to families, ensuring a broad market appeal. Located just 4 km from stunning beaches and 2.5 km from Olhos de Água village, the site enjoys proximity to leisure and amenities that enhance the attractiveness of the resort. This strategic location also allows easy access from Faro Airport, only 32 km away, appealing to international tourists. The emphasis on wellness positions this development at the forefront of growing tourism trends. Owning a property in such a sought-after area not only promises potential rental income but also a chance to create a lasting legacy. If you are looking to enter a vibrant market with high potential, don’t hesitate; reach out to us 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
