The price for this exceptional touristic plot with an approved project in the Algarve is €8,150,000. Ideal for investors seeking to develop a wellness resort, this site offers the potential for 137 units, making it a lucrative opportunity for your portfolio. Located only 4 km from the nearest beach, this prime parcel in Olhos de Água, Albufeira, provides both beauty and potential for profit. Designed with a well-being concept in mind, the project includes communal facilities focused on health and wellness, perfect for visitors keen to enjoy the Algarve’s sunshine and nature. Furthermore, the vicinity boasts a 3 km distance to top golf courses and is merely 32 km from Faro Airport, ensuring easy access for international tourists. The surrounding area promises a vibrant lifestyle with myriad outdoor activities and nature experiences awaiting your guests. Investing in this plot not only guarantees a modern living space but also a chance to be part of a growing wellness community in one of Portugal's most desirable regions. With the project already approved, you can hit the ground running on your investment. If you're looking for a unique opportunity in a booming market, this plot should not be missed. Contact us today to discuss plans and view the property!
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
