The cost of a plot with an approved project for holiday apartments in Olhos de Águia is €8,900,000. This large plot is not just land; it comes with an approved project designed for a wellness resort featuring up to 137 units. Ideal for investors seeking profitable opportunities in the Algarve, this plot is just 4 km from the nearest beach, allowing for excellent rental potential. This prime property offers a unique development with plans for communal wellness facilities, perfectly catering to family and individual desires for relaxation. Situated 2.5 km from Olhos de Água and 7 km from Albufeira, the location combines tranquillity with accessibility. Potential buyers will benefit from the area's booming tourism scene, capitalising on the continuous influx of visitors. The project is designed with two distinct sections, focusing on rejuvenation and family-friendly amenities. With a reception area, a fully equipped wellness clinic, and leisure facilities, this development aligns with the growing demand for health and wellness retreats. Investing here not only promises a solid return but also enhances your portfolio with a property in a desirable location. With Faro airport only 32 km away, connectivity is excellent for both residents and guests alike. This plot represents a rare opportunity to shape a unique property that embraces the Algarve's natural beauty. Contact us now to explore this superb investment 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
