If you're looking to acquire prime commercial land for an aparthotel close to beautiful beaches, this plot in Olhos de Água is a perfect choice. The site spans 60,125m² and includes an approved project for a 4-star aparthotel, putting you ahead in the competitive Algarve market. At just 2km from stunning beaches and 3km from golf courses, this investment offers excellent appeal to tourists seeking relaxation and adventure. The total construction area planned is 19,800m², allowing for 150 units, ideal for catering to the flourishing tourism sector. For potential buyers, the €13,900,000 price includes the plot and project approval, making it a rare find in this vibrant region. Expanding your commercial portfolio here not only promises rental income but also benefits from year-round tourism. This location’s proximity to Olhos de Água and Albufeira enhances its desirability significantly. Whether you're a seasoned investor or new to the market, this opportunity is not to be missed. Contact us today to discuss the purchase process and secure your stake in this property!
Usage
Commercial
Type
Plot
Town
Olhos de Água
Parish
Albufeira e Olhos de Água
Municipality
Albufeira, Faro
Region
Algarve (Central)
Plot Area
60.125 m²
● Distance to the nearest beach 2 km
● The price includes the plot and the approved project but not the construction of the building
This plot has an approved project proposing the implantation of a 4 Star aparthotel for touristic use.
The total plot area has 60,125m² with a construction area of 19.800m² plus 4.800m² of basement area.
The approved construction of the buildings permits a maximum of 2 storeys and 150 units.
Location
• Distance to the nearest beach - 2 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
