Purchasing a commercial plot with an approved aparthotel project in Olhos de Águia is straightforward with the right guidance. The available plot is listed at €13,900,000 and spans 60,125m², featuring an approved architectural plan for a 4-star aparthotel, designed to accommodate 150 units. To begin the purchasing process, prospective buyers should first assess their financing options and ensure they have the necessary documentation. It is essential to consult with local real estate experts, which can provide invaluable insights into legal considerations and the tourism landscape. The property is situated just 2 km from the nearest beach and 3 km from a golf course, making it a prime tourist hotspot. The added value of a basement space of 4,800m² further enhances its potential. With Albufeira's attractions located within a short drive, this site is perfect for capturing the steady stream of visitors to the Algarve. As interest in this land is likely to be high, buyers are encouraged to act swiftly. For assistance with the purchasing procedure or to schedule a viewing, contact us right away!
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
