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How many units can be built on a plot in the Algarve with a wellness focus?

Plot in Olhos de Água

ref. VM1988
8.150.000€
  • NA
  • 25.060m2

This plot in the Algarve comes with an approved project to develop a total of 137 units, specifically designed for a wellness resort. This represents an excellent investment opportunity for those looking to enter the health and wellness tourism market in a region renowned for its beautiful natural surroundings and year-round sunshine.

Strategically located 4 km from the beach, the project features two distinct buildings aimed at different guest experiences: the east buildings focus on wellness with a fully equipped clinic and communal facilities, while the west buildings ensure a relaxed, family-friendly environment.

The design intricacies blend modern architecture with natural elements, creating a serene atmosphere that aligns with wellness retreats and allows for diverse guest experiences. This is an ideal property for developers looking to capitalise on the growing trend of wellness tourism, especially in destinations like Albufeira, which attracts both local and international visitors.

The surrounding amenities, including restaurants, shops, and golf courses, further enhance the attraction of this location for potential guests, making it a highly desirable area. Furthermore, the feasibility of renting out units provides additional ROI potential that savvy investors are sure to appreciate.

Explore this unique proposition today and discover the benefits of investing in wellness-focused properties in the Algarve. Contact us for more information!

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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