The best locations for buying an aparthotel plot in Portugal include the Algarve, particularly in Olhos de Água, where you will find this remarkable property. This plot, with an area of 60,125 m², is situated just 2 km from beautiful beaches and in proximity to significant amenities like golf courses and restaurants. Approved for a 4-star aparthotel with a lucrative project already in place, it is an excellent opportunity for investors. Its market viability is further enhanced by the steady influx of tourists seeking high-quality accommodation. The total project allows for 150 rental units, ensuring ample opportunity for generating income. The Algarve region is recognised for its appeal among both local and international tourists, making it a hotspot for property investment. By choosing this location, investors can take advantage of an established economy and growing tourism sector. This is a unique chance to acquire a prime piece of land with verified commercial potential. Contact us to secure your investment in this desirable area today!
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