The approved project for touristic apartments in Olhos de Água is currently listed at €8,900,000. This significant investment offers a unique opportunity to develop a wellness resort with the potential for 137 units. Located just 7 km from the vibrant town of Albufeira, the plot comes with an approved project, streamlining the development process for serious investors.
This large plot spans 25,060 square metres, and its strategic location is just 4 km from the nearest beach, ensuring an attractive option for holidaymakers. The facilities designed for this project include health and wellness amenities, making it well-suited to modern tourist demands. Offering both relaxation and rejuvenation, the project’s focus on wellness reflects the growing trend in holiday tourism.
Investing in this project not only promises great returns due to its prime location but also positions the investor in a booming sector. With demand for wellness tourism on the rise, now is the time to secure this opportunity and harness the potential of the Algarve.
For prospective buyers interested in this investment, please reach out for more information and to discuss further.
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
