The investment potential for this approved 4-star aparthotel project in Olhos de Água is significant, with a promising return on investment. Covering an extensive area of 60,125m², the approved plans allow for the construction of 150 units across two storeys, making it a prime opportunity for serious investors. Located just 2km from stunning beaches and minutes away from local golf courses, this property sits in the heart of one of the Algarve’s most popular tourist destinations. The hospitality sector in this region is thriving, supported by year-round tourism, providing excellent rental potential. Moreover, being close to Albufeira’s vibrant nightlife enhances its attraction for guests. The proposed project also encourages a mix of accommodation types, appealing to a broad range of visitors, from families to couples seeking a getaway. With the right investment, this property could yield lucrative returns and establish a strong brand presence in the hospitality market. Don't hesitate—get in touch with us today to discuss this golden investment opportunity further!
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
