The cost of acquiring a plot in Olhos de Água, which includes an approved project for 137 touristic apartments, is currently set at €8,900,000. This substantial investment offers buyers the chance to step into the lucrative tourism market of the Algarve, known for its stunning beaches and healthy lifestyle appeal.
Covering an expansive area of 25,060 square metres, the plot is designed for a wellness resort conducive to attracting tourists seeking rejuvenation and relaxation. Located just 4 km from the nearest beach and only 2.5 km from the vibrant town of Albufeira, the site is ideally positioned to maximize visitor potential.
The planned layout divides the development into two main sections—one dedicated to wellness and health amenities, including a clinic, and the other aimed at family-friendly recreational experiences. This dual-focus caters to a broader audience, ensuring a wider market penetration.
With the added convenience of being only 32 km from Faro airport and close to various golf courses, this plot promises not only exceptional ROI but also enhances the attractiveness of the wellness concept. Don't miss out on this investment opportunity in a booming sector. Contact us now to obtain more details or arrange a viewing!
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
