On this plot in Olhos de Água, you can develop up to 137 units, according to the approved project for a wellness-focused tourism complex. This excellent investment opportunity not only allows for substantial development but is designed to cater to the wellness tourism market, which is growing rapidly in the Algarve region. The site is conveniently located at a mere 4 km from the beach, 3 km from world-class golf courses, and just 7 km from the bustling town of Albufeira, making it highly appealing to potential holidaymakers. The concept for the development includes two main buildings; one will offer health and wellness facilities including a reception and a fully equipped clinic while the other will focus on family-friendly amenities. This dual approach will enable a diverse range of visitors, increasing occupancy rates and rental potential. Ideal for serious investors looking to enter a lucrative market, this opportunity allows for unique offerings in the Algarve. Don't hesitate to reach out and explore how you can capitalise on this prime parcel of land today!
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
