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What are the best investment opportunities for touristic apartments in the Algarve?

Plot in Olhos de Água

ref. VM1988
8.900.000€
  • NA
  • 25.060m2

One of the best investment opportunities for touristic apartments in the Algarve is the plot located in Olhos de Água with an approved project for a Wellness Resort. Envisioned with a total of 137 units, this development targets the booming wellness tourism segment. Each unit is designed to provide luxurious comfort and access to communal facilities, including a fully equipped health clinic and wellness amenities—a massive draw for today's health-conscious travellers. The site is an enviable 4 km from beautiful local beaches, ensuring high demand year-round. With a strategic location just 7 km from Albufeira and close proximity to Faro airport (32 km), this opportunity caters to the needs of both local and international tourists. By investing in this development, you’re not only supporting a thriving health and wellbeing sector but also positioning yourself for strong rental returns in a coveted area. Individual and family-friendly amenities increase the attractiveness for a varied customer base. This is a chance for serious investors to contribute to the growth of Algarve's tourism while ensuring a profitable return. Contact us today to learn more about this promising investment!

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
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