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What are the benefits of purchasing a plot for an aparthotel near golf courses in Albufeira?

Plot in Olhos de Água

ref. VM1989
13.900.000€
  • NA
  • 60.125m2

Purchasing a plot for an aparthotel near golf courses in Albufeira brings numerous benefits, particularly with this specific plot available for €13,900,000. Situated only 3 km from premier golf courses and just 2 km from the beach, this location perfectly caters to both leisure and business travellers. The approved project allows for a substantial 60,125 m² area with the potential for 150 rental units, making it a lucrative investment. Golf enthusiasts often seek convenient accommodations, and having such proximity to golf courses will undoubtedly attract more visitors. Moreover, with Albufeira’s rich tourism appeal and vibrant nightlife, your aparthotel is set to enjoy consistent occupancy rates and good rental yields year-round. The site's excellent access and location in a highly desirable area increase its value significantly. Investing in this plot means capitalizing on the growing market for holiday rentals in scenic settings. Take advantage of this opportunity to own a development that meets the needs of millions of tourists who flock to the Algarve each year. Contact us today to discover how this property can be the key to your real estate success!

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
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