The approved project for a plot in Olhos de Água allows for the construction of up to 137 units, making it a substantial investment opportunity for the Algarve region. Located just 4 km from pristine beaches, this property is perfect for developers looking to create a wellness resort that caters to both health and family needs. Each section of the build focuses on distinct amenities—one for wellness which includes a reception and a specialised clinic, and another designed with family comfort in mind. Situated within a thriving tourist area, this plot is accessible and integrates seamlessly with regional attractions, enhancing its marketability. The investment potential lies in the growing demand for wellness and vacation rentals in the Algarve, making it a compelling choice for prospective buyers. With the right vision, this development can become a notable landmark within the community. If you are interested in pursuing this fantastic opportunity, connect with us now 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
