Investing in tourism properties near golf courses in Portugal, particularly in the Algarve, presents myriad benefits. A notable opportunity is available with a plot in Olhos de Água, just 3km from a renowned golf course and 2km from beautiful beaches. This locale is a magnet for golf enthusiasts looking for vacation rentals, ensuring high occupancy rates.
The approved project for a 4 Star aparthotel on this site offers developers the chance to tap into this lucrative market. The growing interest in golf tourism means investing here could yield a strong return, enhanced by rental revenue from the busy tourist season.
The region's stunning climate, combined with its golf facilities, provides an attractive destination for short winter getaways or summer vacations, catering to a variety of audiences. Furthermore, offerings such as luxury accommodations or family-friendly resorts can elevate the appeal of the property, making it versatile for multiple demographic segments.
There are also ancillary benefits from being located in a well-frequented tourist area, including foot traffic from nearby amenities and attractions that add to your property’s desirability. With available land spanning 60,125m² and a construction area allocated for 150 units, the potential here is promising.
If you are keen on capitalising on the dynamic golf tourism sector in Portugal, now is the perfect time to make your move. Contact us to learn more about this exceptional investment opportunity!
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
