Finding a plot with an approved aparthotel project for sale is easy with this prime offering in Olhos de Água. This particular plot features an approved project allowing for a 4-star aparthotel, making it an attractive investment opportunity. With a total land size of 60,125 m² and located just 2 km from the beach, it stands out in a region bursting with touristic appeal. Investors can look forward to the planned construction of 150 units across two storeys, tailored to fit the needs of holidaymakers. The strategic position ensures visibility and accessibility, with the nearest golf course only 3 km away. Additionally, Faro airport is quite accessible at 32 km, enhancing the investment's attractiveness for both local and international tourists. The investment price is set at €13,900,000, reflecting the potential returns available through tourism and rental markets. Don't miss the chance to secure such a sought-after property; contact us today to facilitate your next investment move!
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
