Purchasing this approved plot for a wellness resort project in Albufeira is straightforward and presents an exciting opportunity for growth and investment. The asking price is €8,150,000 for land that spans a generous 25,060 square metres, complete with an approved project that includes 137 touristic apartments. The ideal location is just 4 kilometres from the beautiful Algarve beaches and in close proximity to key amenities, ensuring high demand for future units. Interested buyers can navigate the acquisition process by working with local real estate experts who can facilitate the transaction and guide you through the necessary documentation. The plot’s design focuses on wellness, aiming to incorporate health facilities alongside recreational spaces, which is increasingly appealing given the rising popularity of wellness tourism. The potential for strong rental income makes this investment particularly attractive, with a diversified appeal across family-oriented travellers and health-conscious visitors alike. Additionally, the close proximity to Faro airport and several golf courses adds to the convenience for future guests. Buyers should act quickly, as such desirable locations are snapped up rapidly. To initiate your investment journey and secure a stake in this promising project, contact us today to discuss the details and begin the next steps!
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
