This plot in Pine Valley Resort, Algarve, presents an exciting opportunity to develop up to 137 units under an approved project for touristic apartments. Perfect for investors aiming to capitalise on the booming tourism sector, this plot not only offers quantity but also quality with potential wellness facilities included in the design. Situated 4 km from the beautiful beaches and just a short distance from Olhos de Água, this location is ideal for a resort-style living experience.
The approved project is split into two areas: the east buildings focused on health and wellness, ideal for rejuvenation retreats, while the west buildings offer a family-friendly atmosphere. This diverse appeal is likely to attract a broad clientele seeking relaxation in a stunning coastal setting. With high demand for both family getaways and wellness resorts, the investment's potential return is significant.
Accessibility to this plot enhances its desirability, located only 32 km from Faro Airport and near numerous golf courses. The surrounding attractions and natural beauty of the Algarve add further value, ensuring that your development will draw attention.
If you're contemplating a project with great profitability in this highly sought-after area, consider this plot. Contact us to find out more about the specifics of this unique opportunity!
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
