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How many units can be developed on a large plot in Olhos de Água?

Plot in Olhos de Água

ref. VM1988
10.361.371$
  • NA
  • 25.060m2

This large plot in Olhos de Água has an approved project that allows for the development of up to 137 units, making it a prime investment opportunity. The configuration includes two main building areas, catering specifically to health and wellness with communal facilities. Ideal for buyers looking to invest in a wellness resort, this development is strategically located just 4 km from the nearest beach, perfect for attracting future guests. With a land area of 25,060 square metres, it offers ample space for extensive facilities. Each building is designed to provide a unique experience; the east wing focuses on wellness, including a fully equipped clinic for rejuvenation, while the west wing has a relaxed atmosphere suitable for families. Just a short distance from popular Algarve attractions, this plot is close to golf courses and other leisure opportunities. Additionally, its location offers easy access to Faro airport, enhancing its appeal for potential holidaymakers. Investing in this project not only secures a prime location but also taps into the growing wellness tourism market. This opportunity is perfect for those who see the value in developing properties that align with health and wellness. Contact us today to learn more about this exciting investment 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
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