Investing in an aparthotel in Olhos de Água presents a remarkable opportunity, and this plot stands out as one of the best available options. The area encompasses a total of 60,125m² with an approved project for a four-storey development, allowing for 150 units to maximise investment potential. Notably, the location is strategically situated 2km from the beach and 32km from Faro Airport, ensuring easy access for tourists and making it a prime spot for rental accommodation.
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
