Purchasing a plot for an aparthotel project in Olhos de Água is straightforward, especially with an approved project for a 4 Star aparthotel already in place. Interested buyers can explore the available land of 60,125m², which includes a construction area of 19,800m² and permits for up to 150 units. The location, just 2km from the beach and in close proximity to a golf course, enhances its appeal in the competitive Algarve market.
To begin the purchasing process, potential investors should review the property details and reach out to the listing agent. A thorough understanding of the plot’s zoning regulations, construction permissions, and business opportunities will provide clarity and support informed decision-making.
Given that the region attracts tourists consistently, it’s essential to act quickly as such opportunities tend to be highly sought after. The complete building plans and essential documentation, including those related to tourism licensing, will facilitate the acquisition process.
With its prime location and the allure of developing a commercial property designed for the hospitality sector, this plot represents a golden opportunity for savvy investors. Engage with local property experts to navigate the complexities of the purchase effectively.
If you’re ready to make the leap into the thriving tourism sector of the Algarve, contact us today for guidance on this exciting investment!
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
